Meckey Samuel 4
4 · UpHealth, Inc. · Filed Jan 11, 2023
Insider Transaction Report
Form 4
Meckey Samuel
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2023-01-09+430,000→ 430,000 total
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSUs") represents the right to receive, following vesting, one share of the Company's common stock. Subject to the Reporting Person's continued service to Issuer, 25% of the RSUs shall vest on June 1, 2023 (the "Initial Vesting Date"), and the remaining 75% of the RSUs shall vest in equal quarterly installments on each subsequent August 1, November 1, February 1 and June 1 over the three years following the Initial Vesting Date, such that the RSUs will be 100% vested on June 1, 2026.
- [F2]In the event that the Reporting Person's employment is terminated without Cause, or for Good Reason or in the event of the Reporting Person's death or Complete Disability (each, as defined in the Reporting Person's employment agreement), any unvested portion of the RSUs shall become immediately vested.
- [F3]The Company may withhold shares of stock subject to the RSUs at the time of vesting for the purposes of satisfying any tax withholding obligations which arise in connection with the vesting of such RSUs issued to Reporting Person.