de Solo Carlos A. 4
4 · CareMax, Inc. · Filed Apr 5, 2022
Insider Transaction Report
Form 4
CareMax, Inc.CMAX
de Solo Carlos A.
DirectorPresident and CEO
Transactions
- Award
Performance Stock Units
2022-04-01+51,438→ 51,438 totalExercise: $0.00→ Class A Common Stock (51,438 underlying) - Award
Stock Options
2022-04-01+102,878→ 102,878 totalExercise: $8.34→ Class A Common Stock (102,878 underlying) - Award
Restricted Stock Units
2022-04-01+102,878→ 102,878 totalExercise: $0.00→ Class A Common Stock (102,878 underlying)
Footnotes (3)
- [F1]Each performance stock unit ("PSU") represents a contingent right to receive one share of the issuer's Class A common stock ("Common Stock") in accordance with the issuer's 2021 Long-Term Incentive Plan (the "Plan"). The PSUs vest based on the volume weighted average price (the "VWAP") of the Common Stock during the thirty trading days prior to April 1, 2024 (the "Measurement Period"). The number of PSUs listed is the base number of PSUs that may vest. The actual number of PSUs that will vest will be between zero and two times the base number of PSUs depending on the VWAP of the Common Stock during the Measurement Period.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock in accordance with the Plan. The RSUs will vest in three equal installments on April 1, 2023, April 1, 2024 and April 1, 2025.
- [F3]Each stock option represents a contingent right to receive, upon the exercise of a vested stock option, one share of Common Stock in accordance with the Plan. The stock options will vest in three equal installments on April 1, 2023, April 1, 2024 and April 1, 2025.