4//SEC Filing
PERETZ BENJAMIN 4
Accession 0000902664-21-004188
CIK 0001801170other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 8:58 PM ET
Size
10.7 KB
Accession
0000902664-21-004188
Insider Transaction Report
Form 4
GREENOAKS CAPITAL PARTNERS LLC
10% OwnerOther
Transactions
- Other
Class B Common Stock
2021-09-08−24,624,561→ 50,087,676 total(indirect: See footnote)→ Class A Common Stock (24,624,561 underlying)
MEHTA NEIL
10% Owner
Transactions
- Other
Class B Common Stock
2021-09-08−24,624,561→ 50,087,676 total(indirect: See footnote)→ Class A Common Stock (24,624,561 underlying)
PERETZ BENJAMIN
10% Owner
Transactions
- Other
Class B Common Stock
2021-09-08−24,624,561→ 50,087,676 total(indirect: See footnote)→ Class A Common Stock (24,624,561 underlying)
Footnotes (3)
- [F1]This transaction represents a pro-rata in-kind distribution by certain funds and accounts to which Greenoaks Capital Partners LLC ("Greenoaks Capital") serves as the investment adviser. All shares of Class B Common Stock will automatically convert into shares of Class A Common Stock upon the occurrence of certain events, including upon a transfer, other than certain permitted transfers, as set forth in the Issuer's certificate of incorporation, which is filed as Exhibit 3.1 to the Issuer's Current Report on Form 8-K filed by the Issuer with the Securities and Exchange Commission on January 12, 2021. Accordingly, such shares automatically converted in connection with the receipt of such distribution by the distributees. Subject to such automatic conversion provisions, the shares of Class B Common Stock have no expiration date. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock.
- [F2]The securities reported herein are held by certain funds and accounts to which Greenoaks Capital serves as the investment adviser and related persons or entities. Neil Mehta and Benjamin Peretz serve as Managing Directors of Greenoaks Capital.
- [F3]The Form 4 filed by the Reporting Persons on July 8, 2021 reported a pro-rata in-kind distribution of 21,463,951 shares. The Reporting Persons in fact distributed 21,619,101 shares. The number of shares set forth on this line reflects such correction.
Documents
Issuer
CLOVER HEALTH INVESTMENTS, CORP. /DE
CIK 0001801170
Entity typeother
Related Parties
1- filerCIK 0001840428
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 8:58 PM ET
- Size
- 10.7 KB