Marlow Hernandez - 12 Jul 2023 Form 4 Insider Report for Cano Health, Inc. (CANO)

Role
Director
Signature
/s/ David J. Armstrong, Attorney-in-Fact
Issuer symbol
CANO
Transactions as of
12 Jul 2023
Transactions value $
$0
Form type
4
Filing time
14 Jul 2023, 20:01:22 UTC
Previous filing
02 Jun 2023
Next filing
25 Aug 2023
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 Award +189,681 +4% 4,942,605 12 Jul 2023 Direct F1, F2
holding CANO Class A Common Stock 67,597 12 Jul 2023 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities represent restricted stock units ("RSUs") granted under the Cano Health, Inc. 2021 Stock Option and Incentive Plan. Each unit represents a right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on the earliest of (i) July 12, 2024 or (ii) the Issuer's next annual meeting of stockholders, in each case so long as the reporting person remains in service as a member of the board on such date.
F2 Includes shares previously purchased by the reporting person under the Cano Health, Inc. 2021 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(c) and Rule 16b-3(d) inadvertently excluded from the reporting person's prior filings.
F3 These shares are held indirectly by the reporting person through the Marlow B. Hernandez 2020 Family Trust.