4//SEC Filing
BETTEN ELIZABETH QUADROS 4
Accession 0001104659-20-140192
CIK 0001014739other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 5:07 PM ET
Size
10.2 KB
Accession
0001104659-20-140192
Insider Transaction Report
Form 4
BETTEN ELIZABETH QUADROS
Director
Transactions
- Sale
Common Stock, par value $0.0001
2020-12-29$15.00/sh−600,000$9,000,000→ 114,265,391 total(indirect: See footnotes) - Other
Common Stock, par value $0.0001
2020-12-24−7,048,357→ 114,865,391 total(indirect: See footnotes)
Holdings
- 32,690
Common Stock, par value $0.0001
Footnotes (7)
- [F1]Elizabeth Q. Betten disclaims beneficial ownership of the shares of Common Stock except to the extent of her pecuniary interest therein.
- [F2]Represents the forfeiture of shares of common stock issued to HC Group Holdings I, LLC ("HC I") in conjunction with the Agreement and Plan of Merger, dated as of March 14, 2019, by and among Option Care Health, Inc. (the "Issuer"), HC Group Holdings II, Inc., HC I, HC Group Holdings III, Inc., Beta Sub, Inc. and Beta Sub, LLC, to prevent dilution related to the vesting of certain outstanding unvested restricted stock units of the Issuer held by Home Solutions, Inc. The shares were forfeited to the Issuer for cancellation on December 24, 2020 as a result of the non-satisfaction of the vesting criteria in respect of such restricted stock units.
- [F3]Consists of 114,865,391 shares of common stock held by HC I.
- [F4]MDP HC Holdings, LLC ("MDP HC") is the controlling equityholder of HC I. Madison Dearborn Capital Partners VI-A, L.P. ("MDCP VI-A") is a controlling equityholder and Manager of MDP HC. Madison Dearborn Partners VI-A&C, L.P. ("MDP VI-A&C") is the general partner of MDCP VI-A. Madison Dearborn Partners, LLC ("MDP LLC") is the general partner of MDP VI-A&C. Ms. Betten and Timothy P. Sullivan are Managing Directors of MDP LLC, limited partners of MDP VI-A&C, serve on the board of managers of HC I and serve on the board of directors of Option Care Health, Inc. Paul J. Finnegan and Samuel M. Mencoff are the sole members of a limited partner committee that (by majority vote) controls investment decisions of shares held directly by MDCP VI-A, and may be deemed to control the disposition of shares of Common Stock held directly by HC I.
- [F5](Continued from Footnote 4) By virtue of the relationships described in this footnote, Ms. Betten and Messrs. Sullivan, Finnegan and Mencoff may be deemed to exercise voting and dispositive power with respect to the shares of Common Stock held by HC I. Each of Mr. Finnegan, Mr. Mencoff, Mr. Sullivan, Ms. Betten, MDP LLC, MDP VI-A&C, MDCP VI-A and MDP HC disclaims beneficial ownership of the shares of Common Stock owned by HC I except to the extent of its pecuniary interest therein.
- [F6]The per share sale price reported in this Form 4 does not reflect reduction for underwriting discounts.
- [F7]Consists of 114,265,391 shares of common stock held by HC I.
Documents
Issuer
Option Care Health, Inc.
CIK 0001014739
Entity typeother
Related Parties
1- filerCIK 0001780016
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 5:07 PM ET
- Size
- 10.2 KB