Joshi Kriten 4
4 · Change Healthcare Inc. · Filed Aug 3, 2022
Insider Transaction Report
Form 4
Joshi Kriten
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2022-08-01+8,656→ 531,768 total - Exercise/Conversion
Cash-Settled Restricted Stock Units
2022-08-01−8,656→ 0 total→ Common Stock (8,656 underlying) - Disposition to Issuer
Common Stock
2022-08-01$23.93/sh−8,656$207,138→ 523,112 total
Footnotes (2)
- [F1]Each cash-settled restricted stock unit represents the contingent right to receive the cash value of one share of the Company's Common Stock upon vesting.
- [F2]Pursuant to a grant on August 20, 2019, whereby (a) one-third will vest on each of August 1, 2021 and 2022; and (b) one-third will vest on August 1, 2021, unless a Qualified MCK Exit (as defined in the LLC Agreement of Change Healthcare LLC) has occurred prior to the second anniversary of the Company's initial public offering, in which case such one-third of the cash-settled restricted stock units will instead vest on the later of (x) August 20, 2020 and (y) the date that is 30 days after a Qualified MCK Exit.