Paul R. Vigano - Apr 1, 2025 Form 4 Insider Report for Aveanna Healthcare Holdings, Inc. (AVAH)

Role
10%+ Owner
Signature
/s/ David Zatlukal, Attorney-in-Fact
Stock symbol
AVAH
Transactions as of
Apr 1, 2025
Transactions value $
-$114,424
Form type
4
Date filed
4/3/2025, 06:00 PM
Previous filing
Mar 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVAH Common Stock, $0.01 par value Sale -$20.3K -3.61K -0.01% $5.63 31.4M Apr 1, 2025 By J.H. Whitney VII, L.P. F1, F2, F4
transaction AVAH Common Stock, $0.01 par value Sale -$46K -8.17K -0.03% $5.63 31.4M Apr 2, 2025 By J.H. Whitney VII, L.P. F1, F3, F4
transaction AVAH Common Stock, $0.01 par value Sale -$10.2K -1.8K -0.01% $5.63 15.7M Apr 1, 2025 By PSA Healthcare Investment Holding LLC F1, F2, F4
transaction AVAH Common Stock, $0.01 par value Sale -$23K -4.08K -0.03% $5.63 15.7M Apr 2, 2025 By PSA Healthcare Investment Holding LLC F1, F3, F4
transaction AVAH Common Stock, $0.01 par value Sale -$3.15K -559 -0.01% $5.63 5.21M Apr 1, 2025 By JHW Iliad Holdings LLC F1, F2, F5
transaction AVAH Common Stock, $0.01 par value Sale -$7.63K -1.36K -0.03% $5.63 5.21M Apr 2, 2025 By JHW Iliad Holdings LLC F1, F3, F5
transaction AVAH Common Stock, $0.01 par value Sale -$940 -167 -0.01% $5.63 1.45M Apr 1, 2025 By PSA Iliad Holdings LLC F1, F2, F4
transaction AVAH Common Stock, $0.01 par value Sale -$2.13K -378 -0.03% $5.63 1.45M Apr 2, 2025 By PSA Iliad Holdings LLC F1, F3, F4
transaction AVAH Common Stock, $0.01 par value Sale -$355 -63 -0.01% $5.63 546K Apr 1, 2025 By JHW Iliad Holdings II LLC F1, F2, F5, F6
transaction AVAH Common Stock, $0.01 par value Sale -$799 -142 -0.03% $5.63 546K Apr 2, 2025 By JHW Iliad Holdings II LLC F1, F3, F5, F6
holding AVAH Common Stock, $0.01 par value 0 Apr 1, 2025 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by J.H. Whitney VII, L.P. ("JHW VII"), PSA Healthcare Investment Holding LLC ("PSA Healthcare"), JHW Iliad Holdings LLC ("JHW Iliad"), PSA Iliad Holdings LLC ("PSA Iliad Holdings") and JHW Iliad Holdings II LLC ("JHW Iliad II," and, collectively with PSA Healthcare, JHW Iliad, JHW Iliad II and PSA Iliad Holdings, the "Stockholder Entities") on December 13, 2024.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.62 to $5.67. The reporting persons hereby undertake to provide, upon request, to the staff of the Securities and Exchange Commission ("SEC"), the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.62 to $5.65. The reporting persons hereby undertake to provide, upon request, to the staff of the SEC, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
F4 J.H. Whitney Equity Partners VII, LLC ("Equity Partners VII") is the general partner of JHW VII and Whitney Strategic Partners VII, L.P. ("Strategic Partners VII"). Strategic Partners VII is the managing member of each of PSA Healthcare and PSA Iliad Holdings. As a result, Equity Partners VII may be deemed to share voting and dispositive power with respect to the Shares held by each of JHW VII, PSA Healthcare and PSA Iliad Holdings, and Strategic Partners VII may be deemed to share voting and dispositive power with respect to the Shares held by each of PSA Healthcare and PSA Iliad Holdings. Each of Equity Partners VII and Strategic Partners VII disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F5 Project Iliad Managing Member, LLC ("Project Iliad") is the managing member of JHW Iliad. As a result, Project Iliad may be deemed to share voting and dispositive power with respect to the Shares held by JHW Iliad. Project Iliad disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F6 J.H. Whitney Capital Partners, LLC ("Capital Partners") is the sole member of J.H. Whitney VII Management Co., LLC ("Management Co. VII"), which is the managing member of JHW Iliad II. As a result, each of Capital Partners and Management Co. VII may be deemed to share voting and dispositive power with respect to the Shares held by JHW Iliad II. Each of Capital Partners and Management Co. VII disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F7 Paul R. Vigano is a Managing Member of Equity Partners VII, a Member of Project Iliad and a Senior Managing Director of Capital Partners. As a result, the undersigned may be deemed to share voting and dispositive power with respect to the Shares held by the Stockholder Entities. The undersigned disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.