Joshua H. DeRienzis - May 7, 2021 Form 4 Insider Report for SURGALIGN HOLDINGS, INC. (SRGA)

Role
Chief Legal Officer
Signature
/s/ Joshua H. DeRienzis
Stock symbol
SRGA
Transactions as of
May 7, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 04:22 PM
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRGA Common Stock Award $0 +105K +72.35% $0.00 249K May 7, 2021 Direct F1, F2, F3
transaction SRGA Common Stock Award $0 +31.6K +12.67% $0.00 281K May 7, 2021 Direct F2
transaction SRGA Common Stock Award $0 +16.6K +5.9% $0.00 298K May 7, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units will vest over three years with 1/3 of the shares vesting after year one and remaining 2/3 of the shares vesting prorated quarterly.
F2 Represents a portion of the 2020 short-term incentive plan; vests on May 7, 2022.
F3 Represents recoupment of lost wages during 2020; with 1/2 of the shares vesting after year one and remaining 1/2 of the shares after year two.