4//SEC Filing
Garipalli Vivek 4
Accession 0001801170-26-000013
CIK 0001801170other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:08 PM ET
Size
16.8 KB
Accession
0001801170-26-000013
Insider Transaction Report
Form 4
Garipalli Vivek
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2026-01-07+1,655,949→ 3,512,196 total - Tax Payment
Class A Common Stock
2026-01-07$2.59/sh−1,655,949$4,288,908→ 1,856,247 total - Exercise/Conversion
Restricted Stock Unit
2026-01-07−3,342,699→ 0 total→ Class B Common Stock (3,342,699 underlying) - Exercise/Conversion
Class B Common Stock
2026-01-07+3,342,699→ 10,247,042 total→ Class A Common Stock (3,342,699 underlying) - Exercise/Conversion
Class B Common Stock
2026-01-07−1,655,949→ 8,591,093 total→ Class A Common Stock (1,655,949 underlying)
Holdings
- 72,084,543(indirect: By LLC)
Class B Common Stock
→ Class A Common Stock (75,694,143 underlying) - 11,500,000(indirect: By LLC)
Class B Common Stock
→ Class A Common Stock (11,500,000 underlying)
Footnotes (4)
- [F1]The Issuer's Class B Common Stock is convertible into shares of the Issuer's Class A Common Stock on a one-to-one basis at the option of the holders of the Issuer's Class B Common Stock at any time upon written notice to the Issuer, and automatically in the event of certain transfers, including, but not limited to, a transfer of shares to the Issuer.
- [F2]On January 7, 2026, the final 20% of the original number of restricted stock units ("RSUs") in respect of a Class B Common Stock granted to the Reported Person on January 7, 2021 vested, with 1,686,750 shares of the Issuer's Class B Common Stock being delivered to the Reporting Person and 1,655,949 shares of the Issuer's Class B Common Stock automatically converting into an equal number of shares of the Issuer's Class A Common Stock and being withheld by the Issuer to cover the Reporting Person's tax obligations in connection with the vesting event.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement for no consideration. The RSU award vested in equal installments on the first five anniversaries of January 7, 2021.
- [F4]The Reporting Person serves as the sole manager of each of NJ Healthcare Investments, LLC and Caesar Clover, LLC.
Documents
Issuer
CLOVER HEALTH INVESTMENTS, CORP. /DE
CIK 0001801170
Entity typeother
Related Parties
1- filerCIK 0001839260
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 4:08 PM ET
- Size
- 16.8 KB