Robert J. Sheehy - May 6, 2021 Form 4 Insider Report for Bright Health Group Inc. (BHG)

Role: CHAIRMAN OF THE BOARD, Director
Signature: /s/ Eric Halverson for Robert J. Sheehy, Attorney-in-Fact
Stock symbol: BHG
Transactions as of: May 6, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/30/2021, 09:50 PM
Next filing: Jun 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHG	Common Stock	Gift	$0	-15.8M	-100%	$0.00^*	0	May 6, 2021	Direct
transaction	BHG	Common Stock	Gift	$0	+15.8M	+537.04%	$0.00	18.7M	May 6, 2021	By Robert J. Sheehy Revocable Trust	F1
transaction	BHG	Common Stock	Conversion of derivative security		+833K	+4.45%		19.5M	Jun 28, 2021	By Robert J. Sheehy Revocable Trust	F1, F2
transaction	BHG	Common Stock	Conversion of derivative security		+521K	+2.67%		20.1M	Jun 28, 2021	By Robert J. Sheehy Revocable Trust	F1, F3

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	BHG	Series A Preferred Stock	Gift	$0	-248K	-100%	$0.00^*	0	May 6, 2021	Common Stock	168K		Direct	F2
transaction	BHG	Series A Preferred Stock	Gift	$0	+248K	+25.36%	$0.00	1.23M	May 6, 2021	Common Stock	168K		By Robert J. Sheehy Revocable Trust	F1, F2
transaction	BHG	Series A Preferred Stock	Conversion of derivative security	$0	-1.23M	-100%	$0.00^*	0	Jun 28, 2021	Common Stock	833K		By Robert J. Sheehy Revocable Trust	F1, F2
transaction	BHG	Series B Preferred Stock	Conversion of derivative security	$0	-174K	-100%	$0.00^*	0	Jun 28, 2021	Common Stock	521K		By Robert J. Sheehy Revocable Trust	F1, F3

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

Explanation of Responses:

Id	Content
F1	Reporting person is trustee.
F2	Each share of the Issuer's Series A Preferred Stock converted into shares of the Issuer's common stock on a 1:0.67874873 basis immediately prior to the closing of the Issuer's initial public offering. These preferred shares had no expiration date.
F3	Each share of the Issuer's Series B Preferred Stock converted into shares of Common Stock on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering. These preferred shares had no expiration date.