Sharp Aric R 4
4 · CLOVER HEALTH INVESTMENTS, CORP. /DE · Filed Jul 2, 2024
Insider Transaction Report
Form 4
Sharp Aric R
CEO of Value Based Care
Transactions
- Tax Payment
Class A Common Stock
2024-06-30$1.23/sh−137,108$168,643→ 2,107,633 total - Award
Class A Common Stock
2024-06-30+456,265→ 2,244,741 total
Footnotes (2)
- [F1]Represents restricted stock units, each representing a right to a share of Class A Common Stock, earned in connection with the determination of the level of performance achievement in satisfaction of vesting conditions underlying a performance-based restricted share unit grant awarded on November 30, 2022. One-third of the number of earned restricted stock units vested and were settled on June 30, 2024, and the remaining 1/3 of the number of earned restricted stock units will vest on June 30, 2025, subject to the Reporting Person's continued employment on such vesting date.
- [F2]Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations due to the vesting of 1/3 of the number of earned restricted stock units, as described above.