Marlow Hernandez - 25 Aug 2021 Form 4 Insider Report for Cano Health, Inc. (CANO)

Role: CEO and President, Director
Signature: /s/ David Armstrong, Attorney-in-Fact
Issuer symbol: CANO
Transactions as of: 25 Aug 2021
Transactions value $: $14,432,083
Form type: 4
Filing time: 31 Aug 2021, 18:04:37 UTC
Previous filing: 23 Aug 2021
Next filing: 02 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANO	Class A Common Stock	Purchase	$653K	+54.7K	+21.3%	$11.93^*	312K	25 Aug 2021	Direct	F1
transaction	CANO	Class A Common Stock	Purchase	$643K	+53.9K		$11.94^*	53.9K	25 Aug 2021	See Footnote	F2, F9
transaction	CANO	Class A Common Stock	Purchase	$172K	+14.6K	+4.67%	$11.79^*	326K	26 Aug 2021	Direct	F3
transaction	CANO	Class A Common Stock	Purchase	$72.5K	+6.24K	+11.59%	$11.62^*	60.1K	26 Aug 2021	See Footnote	F4, F9
transaction	CANO	Class A Common Stock	Purchase	$69.1K	+5.83K	+1.79%	$11.84^*	332K	27 Aug 2021	Direct	F5
transaction	CANO	Class A Common Stock	Purchase	$29.4K	+2.5K	+4.16%	$11.77^*	62.6K	27 Aug 2021	See Footnote	F6, F9
transaction	CANO	Class A Common Stock	Purchase	$69.2K	+5.83K	+1.76%	$11.87^*	338K	30 Aug 2021	Direct
transaction	CANO	Class A Common Stock	Purchase	$29.8K	+2.5K	+3.99%	$11.92^*	65.1K	30 Aug 2021	See Footnote	F9
transaction	CANO	Class A Common Stock	Purchase	$12.6M	+1.17M	+347.27%	$10.75^*	1.51M	30 Aug 2021	Direct	F10

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	CANO	Warrants to purchase Class A Common Stock	Purchase	$22.6K	+6.24K	+2.29%	$3.62^*	278K	25 Aug 2021	Class A Common Stock	6.24K	$11.50	Direct	F7
transaction	CANO	Warrants to purchase Class A Common Stock	Purchase	$9.67K	+2.67K		$3.62^*	2.67K	25 Aug 2021	Class A Common Stock	2.67K	$11.50	See Footnote	F7, F9
transaction	CANO	Warrants to purchase Class A Common Stock	Purchase	$34.6K	+9.09K	+3.27%	$3.81^*	287K	26 Aug 2021	Class A Common Stock	9.09K	$11.50	Direct	F8
transaction	CANO	Warrants to purchase Class A Common Stock	Purchase	$14.8K	+3.9K	+145.81%	$3.81^*	6.57K	26 Aug 2021	Class A Common Stock	3.9K	$11.50	See Footnote	F8, F9

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.57 to $12.00, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.59 to $12.00, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $11.52 to $12.00, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $11.51 to $11.71, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F5	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $11.66 to $11.95, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.6
F6	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $11.62 to $11.86, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F7	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $3.52 to $3.65, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F8	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $3.55 to $3.85, 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 within the ranges set forth in footnotes (1)-(8) to this Form 4.
F9	These shares are held indirectly by the reporting person through the Marlow B. Hernandez 2020 Family Trust.
F10	These shares were purchased from an existing stockholder of the Issuer in a private transaction. The price per share was negotiated on an arm's-length basis and determined based on the opening price of Cano's Class A Common Stock on August 16, 2021.