Agarwal Vikas 4
4 · 1Life Healthcare Inc · Filed Aug 16, 2022
Insider Transaction Report
Form 4
Agarwal Vikas
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2022-08-15+1,080→ 6,245 total - Sale
Common Stock
2022-08-15$17.14/sh−394$6,753→ 5,851 total - Exercise/Conversion
Restricted Stock Units
2022-08-15−1,080→ 3,240 total→ Common Stock (1,080 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock. RSUs convert into the issuer's common stock on a one-for-one basis.
- [F2]Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the reporting person.
- [F3]On August 15, 2021, the reporting person was granted 4,320 restricted stock units vesting in equal annual installments over four years on the anniversary of the grant date, subject to reporting person's continuous service as of each such date.