Clint Sever - 30 Mar 2022 Form 4 Insider Report for Cue Health Inc.

Signature
/s/ Erica Palsis, Attorney-in-Fact for Clint Sever
Issuer symbol
N/A
Transactions as of
30 Mar 2022
Net transactions value
+$936,787
Form type
4
Filing time
01 Apr 2022, 16:53:52 UTC
Previous filing
28 Mar 2022
Next filing
08 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLTH Common Stock Award $0 +343,130 +9.7% $0.000000 3,881,750 30 Mar 2022 Direct F1
transaction HLTH Common Stock Award $1,605,260 +239,591 +6.2% $6.70* 4,121,341 30 Mar 2022 Direct F2
transaction HLTH Common Stock Tax liability $668,472 -99,772 -2.4% $6.70* 4,021,569 30 Mar 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. Subject to the reporting person's continued service with the Issuer. One-sixteenth (1/16th) of the shares vest on the first Quarterly Vesting Date that is on or after March 5, 2022 and as to one-sixteenth (1/16th) of the RSUs on each Quarterly Vesting Date thereafter, subject to the reporting person providing continuous service through such date. "Quarterly Vesting Date" is the first trading day on or after each of March 5, June 5, September 5 and December 5.
F2 Represents the grant of common stock in connection with a vesting event pursuant to a performance-based restricted stock unit (PSU) agreement entered into between the Issuer and the reporting person.
F3 The reported shares of common stock were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of PSUs.
F4 Includes 1,041,937 unvested RSUs.