Hernandez Marlow 4
4 · Cano Health, Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Hernandez Marlow
DirectorCEO and President
Transactions
- Award
Stock Option (Right to Buy)
2023-03-31+729,730→ 729,730 totalExercise: $0.91Exp: 2033-03-31→ Class A Common Stock (729,730 underlying) - Award
Class A Common Stock
2023-03-31+348,604→ 4,029,514 total
Holdings
- 67,597(indirect: See Footnote)
Class A Common Stock
Footnotes (3)
- [F1]These shares represent restricted stock units ("RSUs") granted under the Cano Health, Inc. 2021 Stock Option and Incentive Plan. Each unit represents a right to receive one share of the Issuer's Class A Common Stock. The RSUs vest as to 50% of the RSUs on December 31st, 2023 and the remaining 50% of the RSUs vest on December 31st, 2024. The RSUs were granted on March 31, 2023.
- [F2]These shares are held indirectly by the Reporting Person through the Marlow B. Hernandez 2020 Family Trust.
- [F3]The stock option is granted under the Cano Health, Inc. 2021 Stock Option and Incentive Plan and is scheduled to vest over four years, with 25% of the shares underlying the award vesting on March 31, 2024, and 25% of the shares underlying the award vesting at the end of each successive one-year period thereafter. The stock option was granted on March 31, 2023.