Thaler Bjorn B 4
4 · 1Life Healthcare Inc · Filed Feb 17, 2023
Insider Transaction Report
Form 4
Thaler Bjorn B
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-02-15+13,829→ 27,547 total - Sale
Common Stock
2023-02-16$15.36/sh−6,015$92,366→ 21,532 total - Exercise/Conversion
Restricted Stock Units
2023-02-15−13,829→ 41,488 total→ Common Stock (13,829 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Restricted stock units ("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]This transaction was executed in multiple trades at prices ranging from $15.31 to $15.47. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]The RSUs vest in equal annual installments over four years on the anniversary of the vesting commencement date, subject to the reporting person's continuous service as of each such date.