4//SEC Filing
Jennings Jay Walter 4
Accession 0000950170-24-071001
CIK 0001770141other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 7:37 PM ET
Size
14.1 KB
Accession
0000950170-24-071001
Insider Transaction Report
Form 4
UpHealth, Inc.UPHL
Jennings Jay Walter
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-04-11+1,400→ 27,019 total - Tax Payment
Common Stock
2024-05-22$0.48/sh−352$169→ 26,145 total - Exercise/Conversion
Performance Based Restricted Stock Unit
2024-04-11−1,400→ 1,522 total→ Common Stock (1,400 underlying) - Tax Payment
Common Stock
2024-03-07$0.70/sh−411$288→ 25,619 total - Tax Payment
Common Stock
2024-04-11$1.04/sh−522$543→ 26,497 total
Holdings
- 26,030
Common Stock
Footnotes (7)
- [F1]The Company withheld 411 shares of stock subject to the Prior Time-based RSUs at the time of vesting for the purposes of satisfying tax obligations which arose in connection with the vesting of such Prior Time-based RSUs issued to the Reporting Person.
- [F2]Includes Time-based Restricted Stock Units ("Prior Time-based RSUs") of UpHealth, Inc. (the "Company"), that are subject to vesting pursuant to previously disclosed vesting schedules
- [F3]Performance-Based Restricted Stock Units ("Prior Performance-based RSUs") convert into Common Stock on a one-for-one basis.
- [F4]The Company withheld 522 shares of stock subject to the Prior Performance-based RSUs at the time of vesting for the purposes of satisfying tax obligations which arose in connection with the vesting of such Prior Performance-based RSUs issued to the Reporting Person.
- [F5]The Company withheld 352 shares of stock subject to the Prior Time-based RSUs at the time of vesting for the purposes of satisfying tax obligations which arose in connection with the vesting of such Prior Time-based RSUs issued to the Reporting Person.
- [F6]On July 6, 2022, the reporting person was granted 3,500 Prior Performance-based RSUs, which amount has been adjusted to reflect the 10-for-1 reverse stock split on the Common Stock of the Company on December 8, 2022. Each Prior Performance-based RSU represents the right to receive, following vesting, one share of Common Stock. The number of shares of Common Stock acquired upon vesting of the Prior Performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Board of Directors on an annual basis, over three one-year performance periods beginning on the first day of the fiscal year of 2022 and ending on the last day of the fiscal year of 2024. The determination of whether such pre-established performance metrics were achieved during a performance period, and any vesting of Prior Performance-based RSUs in connection therewith, occurs following an assessment of the applicable performance period.
- [F7]Includes Prior Performance-based RSUs of the Company that are subject to vesting pursuant to previously disclosed vesting schedules.
Documents
Issuer
UpHealth, Inc.
CIK 0001770141
Entity typeother
Related Parties
1- filerCIK 0001685730
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 7:37 PM ET
- Size
- 14.1 KB