4//SEC Filing
Dalton Travis 4
Accession 0001793229-25-000048
CIK 0001793229other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:38 PM ET
Size
9.7 KB
Accession
0001793229-25-000048
Insider Transaction Report
Form 4
Claritev CorpCTEV
Dalton Travis
DirectorPres., CEO & Executive Chair
Transactions
- Tax Payment
Class A common stock
2025-03-01$20.99/sh−18,282$383,739→ 106,830 total - Award
Class A common stock
2025-03-01+127,203→ 234,033 total - Award
Cash Settled Restricted Stock Units
2025-03-01+381,133→ 381,133 total→ Class A common stock (381,133 underlying)
Footnotes (3)
- [F1]Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2024.
- [F2]Represents a grant of restricted stock units which will vest at a rate of 25% per year on each of March 1, 2026, 2027, 2028, and 2029.
- [F3]Represents cash settled restricted stock units (cRSUs) vesting 50%/year on March 1, 2026 and 2027. Each cRSU is the economic equivalent of a share of Class A common stock (the Common Stock) of Claritev Corp. (the Company) and will be settled in cash based on the fair market value (FMV) per share of the Common Stock at settlement, subject to a cap of 4x the FMV of a share of Common Stock on the grant date (the cap) if settled prior to a change in control (CiC) of the Company (as defined in the award agreement). If settled at the cap, the Reporting Person will become entitled to receive a payment per cRSU equal to the lesser of, if positive, (i) the price per share received by the Company's stockholders in the CiC and (ii) the FMV of a share of Common Stock at the original settlement date, less the cap, if a CiC occurs on or prior to the 5th anniversary following the grant date. Any such excess will be paid on the earlier of the 5th anniversary of the grant date and certain CiCs.
Documents
Issuer
Claritev Corp
CIK 0001793229
Entity typeother
Related Parties
1- filerCIK 0001841409
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:38 PM ET
- Size
- 9.7 KB