Alessandrea C. Quane - Feb 15, 2022 Form 4 Insider Report for Oscar Health, Inc. (OSCR)

Role
EVP, Chief Insurance Officer
Signature
/s/Allein Sabel, Attorney-in-Fact
Stock symbol
OSCR
Transactions as of
Feb 15, 2022
Transactions value $
-$354,280
Form type
4
Date filed
2/17/2022, 05:58 PM
Previous filing
Sep 2, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSCR Class A Common Stock Options Exercise +125K 125K Feb 15, 2022 Direct F1
transaction OSCR Class A Common Stock Options Exercise +7.02K +5.61% 132K Feb 15, 2022 Direct F1
transaction OSCR Class A Common Stock Sale -$354K -49.4K -37.39% $7.18 82.7K Feb 16, 2022 Direct F2, 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 OSCR Restricted Stock Units Options Exercise $0 -125K -25% $0.00 375K Feb 15, 2022 Class A Common Stock 125K Direct F1, F4
transaction OSCR Restricted Stock Units Options Exercise $0 -7.02K -6.25% $0.00 105K Feb 15, 2022 Class A Common Stock 7.02K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F2 The sale was effected to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously granted equity awards.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.12 to $7.2250, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
F4 The restricted stock units vested with respect to 25% of the shares on December 5, 2021, and vest with respect to the remaining shares in 12 equal quarterly installments thereafter.
F5 The restricted stock units vest over a four-year period in 16 equal quarterly installments beginning on December 1, 2021.

Remarks:

Ex. 24 - Power of Attorney