Matthew Shawn Morris - Dec 15, 2023 Form 4 Insider Report for Privia Health Group, Inc. (PRVA)

Role
Director
Signature
/s/ Thomas Bartrum, as attorney-in-fact
Stock symbol
PRVA
Transactions as of
Dec 15, 2023
Transactions value $
$0
Form type
4
Date filed
12/19/2023, 04:23 PM
Previous filing
Jun 14, 2023
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRVA Common Stock, par value $0.01 per share Gift $0 -12K -32.88% $0.00 24.5K Dec 15, 2023 By Emerald Family, LLC F1, F2
holding PRVA Common Stock, par value $0.01 per share 81.2K Dec 15, 2023 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 PRVA Stock Option (Right to Purchase) Gift $0 -155K -32.89% $0.00 316K Dec 15, 2023 Common Stock, par value $0.01 per share 155K $2.00 By Emerald Family, LLC F1, F3, F4
transaction PRVA Common Stock, par value $0.01 per share Gift $0 -89.3K -32.89% $0.00 182K Dec 15, 2023 Common Stock 89.3K $23.00 By Emerald Family, LLC F1, F6, F7
holding PRVA Stock Option (Right to Purchase) 3.73M Dec 15, 2023 Common Stock 3.73M $2.00 Direct F5
holding PRVA Common Stock, par value $0.01 per share 365K Dec 15, 2023 Common Stock, $0.01 par value per share 365K $23.00 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a gift of membership interests in Emerald Family, LLC to the reporting person's spouse, representing 49% of Emerald Family, LLC. The reporting person along with his spouse directly own all membership interests in Emerald Family, LLC.
F2 Includes 24,485 shares previously owned directly by the reporting person which were contributed to Emerald Family, LLC, a limited liability company of which, at the time of transfer, the reporting person was the sole member and owned all of the LLC interests. Mr. Morris disclaims beneficial ownership of the securities held by Emerald Family, LLC except to the extent of his pecuniary interest therein.
F3 Reflects stock options to purchase shares of common stock that were granted under the Issuer's Second Amended and Restated PH Group Parent Corp. Stock Option Plan. The 315,666 stock options reported in this transaction became exercisable on October 29, 2022.
F4 Includes 315,666 stock options previously owned directly by the reporting person which were contributed to Emerald Family, LLC, a limited liability company of which, at the time of transfer, the reporting person was the sole member and owned all of the LLC interests. Mr. Morris disclaims beneficial ownership of the securities held by Emerald Family, LLC except to the extent of his pecuniary interest therein.
F5 Reflects stock options to purchase shares of common stock that were granted under the Issuer's Second Amended and Restated PH Group Parent Corp. Stock Option Plan. 2,310,126 of the stock options became exercisable on April 29, 2021, 890,089 became exercisable on April 29, 2022, and 530,084 became exercisable on October 29, 2022.
F6 Reflects stock options to purchase shares of common stock that were granted under the Issuer's 2021 Omnibus Incentive Plan. The 182,283 stock options reported in this transaction became exercisable on April 29, 2023.
F7 Includes 182,283 stock options previously owned directly by the reporting person which were contributed to Emerald Family, LLC, a limited liability company of which, at the time of transfer, the reporting person was the sole member and owned all of the LLC interests. Mr. Morris disclaims beneficial ownership of the securities held by Emerald Family, LLC except to the extent of his pecuniary interest therein.
F8 Reflects stock options to purchase shares of common stock that were granted under the Issuer's 2021 Omnibus Incentive Plan. 183,283 of the stock options will vest on April 29th, 2024 and 183,285 on April 29, 2025.