Geoffrey Purtill - Nov 1, 2023 Form 4 Insider Report for INVACARE HOLDINGS Corp (IVCRQ)

Role: President and CEO, Director
Signature: /s/ Geoffrey P. Purtill, by Kristofer K. Spreen, his attorney-in-fact, pursuant to Power of Attorney dated May 12, 2023, on file with the Commission
Stock symbol: IVCRQ
Transactions as of: Nov 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/3/2023, 05:13 PM
Previous filing: May 5, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVCRQ	Common Stock	Award	$0	+1.2M		$0.00	1.2M	Nov 1, 2023	Direct	F1

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	IVCRQ	Employee Stock Option (Right to Buy)	Award	$0	+5.34M		$0.00	5.34M	Nov 1, 2023	Common Stock	5.34M		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The restricted stock units vest in one installment on May 5, 2027, subject to the reporting person's continued employment.
F2	13.33% of the option shares are exercisable at $2.11 per share; 20% of the option shares are exercisable at $2.47 per share; 26.67% of the option shares are exercisable at $2.82 per share; and 40% of the option shares are exercisable at $3.18 per share.
F3	The option becomes exercisable in one installment on May 5, 2027, subject to the reporting person's continued employment.