HOCHBERG STEVEN 4
4 · AdaptHealth Corp. · Filed Nov 13, 2019
Insider Transaction Report
Form 4
HOCHBERG STEVEN
Director10% Owner
Transactions
- Other
Class A Common Stock
2019-11-08−6,087→ 20,000 total - Other
Class A Common Stock
2019-11-08−2,373,152→ 3,672,500 total(indirect: See Footnote) - Other
Private Placement Warrant
2019-11-08−1,690,000→ 2,643,333 total(indirect: See Footnote)Exercise: $11.50From: 2019-12-08Exp: 2024-11-08→ Common Stock (1,690,000 underlying)
Footnotes (4)
- [F1]On November 8, 2019, in connection with (and immediately prior to) the consummation of the Issuer's initial business combination, Steven Hochberg transferred to AdaptHealth Holdings, LLC and certain of its equityholders and employees shares of the Issuer's common stock for no consideration.
- [F2]The Reporting Person, a partner in Deerfield Management Company, L.P., has no pecuniary interest in the securities reported herein and disclaims beneficial ownership of such securities. The Reporting Person holds the securities for the benefit, and at the direction, of Deerfield Management Company, L.P.
- [F3]Pursuant to the Amended and Restated Assignment Letter Agreement dated October 15, 2019, by and among Deerfield/RAB Ventures, LLC (the "Sponsor"), DFB Healthcare Acquisitions Corp. ("DFB") and AdaptHealth Holdings, LLC ("AdaptHealth"), the Sponsor transferred and assigned 2,373,152 of its founder shares of DFB and 1,690,000 warrants to purchase shares of DFB's Class A Common Stock held by the Sponsor to certain members and employees of AdaptHealth, for no consideration.
- [F4]The securities are held directly by Deerfield/RAB Ventures, LLC and indirectly by Deerfield Private Design Fund IV, L.P., as member of Deerfield/RAB Ventures, LLC, Richard Barasch, as member and manager of Deerfield/RAB Ventures, LLC, and Steven Hochberg, as manager of Deerfield/RAB Ventures, LLC. Each of Deerfield Private Design Fund IV, L.P. and Messrs. Barasch and Hochberg disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.