Christopher K. Achar - Mar 30, 2022 Form 4 Insider Report for Cue Health Inc. (HLTH)

Role
Director
Signature
/s/ Erica Palsis, Attorney-in-Fact for Chris Achar
Stock symbol
HLTH
Transactions as of
Mar 30, 2022
Transactions value $
$0
Form type
4
Date filed
4/1/2022, 04:56 PM
Previous filing
Sep 28, 2021
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLTH Common Stock Award $0 +140K +9.58% $0.00 1.6M Mar 30, 2022 Direct F1, F2
holding HLTH Common Stock 1.52M Mar 30, 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. Subject to the reporting person's continued service with the Issuer. One-sixteenth (1/16th) of the shares vest on the first Quarterly Vesting Date that is on or after March 5, 2022 and as to one-sixteenth (1/16th) of the RSUs on each Quarterly Vesting Date thereafter, subject to the reporting person providing continuous service through such date. "Quarterly Vesting Date" is the first trading day on or after each of March 5, June 5, September 5 and December 5.
F2 Includes 1,527,881 unvested RSUs.
F3 The securities are directly held by Hlth Wrk LLC. Chris Achar is the sole manager of Hlth Wrk LLC and may be deemed to have voting and investment power with respect to the shares held by Hlth Wrk LLC and as a result may be deemed to have beneficial ownership of such shares.