Khattak Ayub K 4
4 · Cue Health Inc. · Filed Apr 1, 2022
Insider Transaction Report
Form 4
Cue Health Inc.HLTH
Khattak Ayub K
DirectorPresident and CEO
Transactions
- Award
Common Stock
2022-03-30$6.70/sh+292,833$1,961,981→ 12,257,217 total - Award
Common Stock
2022-03-30+419,382→ 11,964,384 total - Tax Payment
Common Stock
2022-03-30$6.70/sh−126,963$850,652→ 12,130,254 total
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. Subject to the reporting person's continued service with the Issuer. One-sixteenth (1/16th) of the shares vest on the first Quarterly Vesting Date that is on or after March 5, 2022 and as to one-sixteenth (1/16th) of the RSUs on each Quarterly Vesting Date thereafter, subject to the reporting person providing continuous service through such date. "Quarterly Vesting Date" is the first trading day on or after each of March 5, June 5, September 5 and December 5.
- [F2]Represents the grant of common stock in connection with a vesting event pursuant to a performance-based restricted stock unit (PSU) agreement entered into between the Issuer and the reporting person.
- [F3]The reported shares of common stock were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of PSUs.
- [F4]Includes 1,273,480 unvested RSUs.