Adair Newhall - 24 Jun 2021 Form 3 Insider Report for Bright Health Group Inc. (BHG)

Role
Director
Signature
/s/ Eric Halverson for Adair Newhall, Attorney-in-Fact
Issuer symbol
BHG
Transactions as of
24 Jun 2021
Net transactions value
$0
Form type
3
Filing time
24 Jun 2021, 21:03:02 UTC
Next filing
30 Jun 2021
SEC
View on sec.gov

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
holding BHG Series D Preferred Stock 24 Jun 2021 Common Stock 129,786 See Footnotes F1, F2, F3
holding BHG Series E Preferred Stock 24 Jun 2021 Common Stock 14,031 See Footnotes F1, F2, F3
holding BHG Series E Preferred Stock 24 Jun 2021 Common Stock 80,811 See Footnotes F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Series D Preferred Stock and Series E Preferred Stock will automatically convert into shares of the Issuer's common stock ("Common Stock") on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F2 Held directly by Greenspring SPV VII, L.P.
F3 The Reporting Person is a Partner of Greenspring Associates, LLC, which is the investment manager of the Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Funds, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
F4 Held directly by Greenspring SPV VII-E, L.P. (together with Greenspring SPV VII, L.P., the "Funds").