Decheng Capital China Life Sciences USD Fund III, L.P. - Sep 28, 2021 Form 4 Insider Report for Cue Health Inc. (HLTH)

Role
10%+ Owner
Signature
DECHENG CAPITAL CHINA LIFE SCIENCES USD FUND III, L.P. By: DECHENG CAPITAL MANAGEMENT III (CAYMAN), LLC, General Partner, By: /s/ Xiangmin Cui, Manager
Stock symbol
HLTH
Transactions as of
Sep 28, 2021
Transactions value $
$0
Form type
4
Date filed
9/30/2021, 05:48 PM
Previous filing
Sep 23, 2021
Next filing
Sep 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLTH Common Stock Conversion of derivative security +8.19M 8.19M Sep 28, 2021 Direct F1, F2

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 HLTH Series C-1 Preferred Stock Conversion of derivative security $0 -8.19M -100% $0.00* 0 Sep 28, 2021 Common Stock 8.19M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Decheng Capital China Life Sciences USD Fund III, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On September 28, 2021, the Series C-1 Preferred Stock automatically converted into Common Stock on a one-to-one basis without payment of further consideration upon the closing of the initial public offering of the Issuer's common stock. The shares had no expiration date.
F2 The shares are held directly by Decheng Capital China Life Sciences USD Fund III, L.P. (the "Fund"). Decheng Capital Management III (Cayman), LLC (the "GP") is the general partner of the Fund. Xiangmin Cui is the manager of the GP. Each of the Fund, the GP and Dr. Cui may be deemed to beneficially own the securities held by the Fund. Each of the Fund, the GP and Dr. Cui disclaim beneficial ownership of these securities, except to the extent of their respective pecuniary interests therein.