Steven H. Rosen - Sep 15, 2023 Form 4 Insider Report for INVACARE HOLDINGS Corp (IVCRQ)

Role: Director, 10%+ Owner
Signature: /s/ Steven H. Rosen
Stock symbol: IVCRQ
Transactions as of: Sep 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/19/2023, 05:30 PM
Previous filing: Jun 2, 2023
Next filing: Nov 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IVCRQ	Warrant (right to buy)	Award	$0	+2.76M		$0.00	2.76M	Sep 15, 2023	Common Stock	2.76M	$1.72	As sole manager of Azurite Management LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	The warrant vests in three equal annual instalments beginning on May 5, 2024.
F2	The warrant is held of record by Azurite Management LLC. Mr. Rosen, in his capacity as the sole manager of Azurite Management LLC, has the ability to indirectly control the voting and disposition of securities held of record by Azurite Management LLC and, as such, may be deemed to have indirect beneficial ownership of the securities held of record by Azurite Management LLC. Mr. Rosen disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

Content

The warrant vests in three equal annual instalments beginning on May 5, 2024.

The warrant is held of record by Azurite Management LLC. Mr. Rosen, in his capacity as the sole manager of Azurite Management LLC, has the ability to indirectly control the voting and disposition of securities held of record by Azurite Management LLC and, as such, may be deemed to have indirect beneficial ownership of the securities held of record by Azurite Management LLC. Mr. Rosen disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.