SHAPIRO LEE 4
4 · CLOVER HEALTH INVESTMENTS, CORP. /DE · Filed Sep 26, 2022
Insider Transaction Report
Form 4
SHAPIRO LEE
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2022-09-22+27,100→ 134,200 total - Award
Class A Common Stock
2022-09-22+20,271→ 154,471 total - Exercise/Conversion
Restricted Stock Unit
2022-09-22−0→ 0 total→ Class A Common Stock (27,100 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
- [F2]Represents shares of Class A common stock underlying a time-based RSU. One hundred percent of the RSUs will vest on the first anniversary of the Date of Grant, subject to the Reporting Person's continued service as a member of the Company's Board of Directors through such date.
- [F3]The remaining number of the shares subject to the RSU award vested on the date of the 2022 Annual Meeting.