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4//SEC Filing

Hernandez Marlow 4

Accession 0000899243-22-020172

CIK 0001800682other

Filed

May 30, 8:00 PM ET

Accepted

May 31, 4:24 PM ET

Size

11.4 KB

Accession

0000899243-22-020172

Insider Transaction Report

Form 4
Period: 2022-05-26
Hernandez Marlow
DirectorCEO and President
Transactions
  • Conversion

    PCIH Common Units

    2022-05-2611,017,31111,017,311 total(indirect: See Footnote)
    Class A Common Stock (11,017,311 underlying)
  • Conversion

    Class A Common Stock

    2022-05-26+11,017,31111,017,311 total(indirect: See Footnote)
  • Conversion

    Class B Common Stock

    2022-05-2611,017,31111,017,311 total(indirect: See Footnote)
    Class A Common Stock (11,017,311 underlying)
Holdings
  • Class A Common Stock

    3,516,380
Footnotes (3)
  • [F1]Common limited liability company units of Primary Care (ITC) Intermediate Holdings, LLC ("PCIH Common Units"), together with an equal number of shares of the Issuer's Class B Common Stock, par value $0.0001 per share, are exchangeable for shares of Class A Common Stock, par value $0.0001 per share, on a one-for-one basis pursuant to the Second Amended And Restated Limited Liability Company Agreement of Primary Care (ITC) Intermediate Holdings, LLC (the "LLC Agreement"). The PCIH Common Units have no expiration date.
  • [F2]These securities are owned directly by Hernandez Borrower Holdings LLC. Dr. Hernandez has sole voting and dispositive power with respect to all of these shares and therefore is a beneficial owner of these shares. Hernandez Borrower Holdings LLC has pledged all its shares to a certain lender in connection with a financing arrangement.
  • [F3]Reflects an exchange of PCIH Common Units together with the surrender and cancellation of the same number of shares of Class B Common Stock for an equal number of shares of Class A Common Stock, pursuant to the LLC Agreement. Transactions are exempt from Section 16(b) in reliance on Rule 16b-6(b).

Issuer

Cano Health, Inc.

CIK 0001800682

Entity typeother

Related Parties

1
  • filerCIK 0001865483

Filing Metadata

Form type
4
Filed
May 30, 8:00 PM ET
Accepted
May 31, 4:24 PM ET
Size
11.4 KB