Balakrishnan Ramesh 4
4 · UpHealth, Inc. · Filed Oct 22, 2021
Insider Transaction Report
Form 4
Balakrishnan Ramesh
Co-Chief Executive Officer
Transactions
- Award
Common Stock
2021-10-20+388,601→ 8,831,583 total - Award
Performance-Based Restricted Stock Unit
2021-10-20+388,601→ 388,601 totalExercise: $0.00→ Common Stock (388,601 underlying)
Holdings
- 8,442,982
Common Stock
Footnotes (2)
- [F1]Subject to the Reporting Person's continued service to UpHealth, Inc. (the "Company"), 1/3 of the Restricted Stock Unit ("RSUs") shall vest on May 1, 2022 (the "Initial Vesting Date"), and the remaining 2/3 of the RSUs shall vest quarterly on each of three month anniversary following the Initial Vesting Date until fully vested.
- [F2]Each performance-based RSU represents the right to receive, following vesting, one share of the Company's common stock ("Common Stock"). The number of shares of Common Stock acquired upon vesting of the 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 2021 and ending on the last day of the fiscal year of 2023.