Douty Laurel 4
4 · Signify Health, Inc. · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Douty Laurel
EVP, Clinic. Ops, Care Srvces
Transactions
- Award
Class B Common Stock
2021-02-12$0.01/sh+145,042$1,450→ 145,042 total - Award
LLC Units in Cure Aggregator, LLC
2021-02-12+145,042→ 145,042 total→ Class A Common Stock (145,042 underlying)
Footnotes (2)
- [F1]These securities were acquired through the conversion prior to the completion of the Issuer's initial public offering of historical interests held by the reporting person in Cure Aggregator, LLC.
- [F2]The LLC Units service-vest 25% on each of the first four anniversaries of February 17, 2020 and performance-vest based on the achievement by New Mountain Capital, LLC and its affiliates of specified cash-on-cash return thresholds. Upon vesting, each LLC Unit may be converted by the holder into an LLC Unit of Cure TopCo, LLC, which may thereafter be redeemed for, together with the cancellation of a share of Class B common stock, one share of Class A common stock or a cash payment equal to the volume weighted average market price of one share of Class A common stock for each LLC Unit redeemed. The LLC Units do not expire.