R. Aric Sharp - Aug 10, 2023 Form 4 Insider Report for CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)

Role: CEO of Value-Based Care
Signature: /s/ Jamie L. Reynoso as attorney-in-fact for Aric R. Sharp
Stock symbol: CLOV
Transactions as of: Aug 10, 2023
Transactions value $: -$9,781
Form type: 4
Date filed: 8/10/2023, 04:28 PM
Previous filing: Jun 16, 2023
Next filing: Sep 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLOV	Class A Common Stock	Tax liability	-$9.78K	-7.04K	-2.05%	$1.39	336K	Aug 9, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on August 9, 2023, of 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on May 9, 2022, and timely reported on a Form 4 filed on May 10, 2022. The remaining RSUs will vest quarterly in equal installments of 6.25%, with the final vesting date occurring on May 9, 2026, subject to the continued service of the Reporting Person on each such vesting date.

Content

Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on August 9, 2023, of 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on May 9, 2022, and timely reported on a Form 4 filed on May 10, 2022. The remaining RSUs will vest quarterly in equal installments of 6.25%, with the final vesting date occurring on May 9, 2026, subject to the continued service of the Reporting Person on each such vesting date.