Armstrong David J 4
4 · Cano Health, Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Armstrong David J
See remarks
Transactions
- Award
Class A Common Stock
2023-03-31+70,108→ 550,263 total - Award
Stock Option (Right to Buy)
2023-03-31+146,757→ 146,757 totalExercise: $0.91Exp: 2033-03-31→ Class A Common Stock (146,757 underlying)
Footnotes (2)
- [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]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.