Nitin Kaushal - May 9, 2021 Form 4 Insider Report for VIEMED HEALTHCARE, INC. (VMD)

Role
Director
Signature
/s/ Nitin Kaushal
Stock symbol
VMD
Transactions as of
May 9, 2021
Transactions value $
-$22,509
Form type
4
Date filed
5/10/2021, 04:23 PM
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMD Common Shares Options Exercise +2.35K +2.9% 83.6K May 9, 2021 Direct F1
transaction VMD Common Shares Disposed to Issuer -$22.5K -2.35K -2.81% $9.57 81.2K May 9, 2021 Direct

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 VMD Phantom Share Units Options Exercise $0 -2.35K -100% $0.00* 0 May 9, 2021 Common Shares 2.35K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of cash-settled phantom shares granted under the Issuer's Phantom Share Unit Plan. Each phantom share is the economic equivalent of one share of the Company's common shares. The settlement of the phantom shares for cash is reported on this Form 4 as a disposition of the phantom shares being settled in exchange for the acquisition of the underlying Company common shares, and a simultaneous disposition of the underlying Company common shares to the Company for cash.
F2 Each share of phantom stock represents a right to receive the cash value of one share of the Issuer's common shares which will be determined based on the Issuer's share price on the vesting date.
F3 Represents an award granted in 2018 under the Issuer's Phantom Share Unit Plan which vests on May 9, 2021, subject to the Reporting Person's continued employment with the Issuer on such vesting date.