Palsis Erica 4
4 · Cue Health Inc. · Filed Mar 6, 2023
Insider Transaction Report
Form 4
Cue Health Inc.HLTH
Palsis Erica
General Counsel
Transactions
- Award
Common Stock
2023-03-02+127,660→ 751,393 total - Tax Payment
Common Stock
2023-03-06$2.11/sh−3,934$8,301→ 747,459 total - Award
Stock Option (right to buy)
2023-03-02+255,319→ 255,319 totalExercise: $2.08Exp: 2033-03-02→ Common Stock (255,319 underlying)
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-sixteenth (1/16th) of the shares vest on the first Quarterly Vesting Date that is on or after June 5, 2023 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]The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
- [F3]Includes 538,544 unvested RSUs.
- [F4]Stock option granted under the Issuer's 2021 Stock Incentive Plan and becomes exercisable on the first Quarterly Vesting Date that is on or after June 5, 2023 and as to one-sixteenth (1/16th) of the stock options on each Quarterly Vesting Date thereafter, subject to the reporting person providing continuous service through such date.