Casey Hoyt - May 9, 2021 Form 4 Insider Report for VIEMED HEALTHCARE, INC. (VMD)

Role
Chief Executive Officer, Director
Signature
/s/ Casey Hoyt
Stock symbol
VMD
Transactions as of
May 9, 2021
Transactions value $
-$669,957
Form type
4
Date filed
5/10/2021, 04:26 PM
Next filing
May 12, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMD Common Shares Options Exercise +59.7K +2.79% 2.2M May 9, 2021 Direct F1
transaction VMD Common Shares Disposed to Issuer -$571K -59.7K -2.71% $9.57 2.14M May 9, 2021 Direct
transaction VMD Common Shares Options Exercise +5.68K +0.27% 2.15M May 9, 2021 Direct F1
transaction VMD Common Shares Disposed to Issuer -$54.4K -5.68K -0.26% $9.57 2.14M May 9, 2021 Direct
transaction VMD Common Shares Options Exercise +4.62K +0.22% 2.15M May 9, 2021 Direct F1
transaction VMD Common Shares Disposed to Issuer -$44.2K -4.62K -0.22% $9.57 2.14M May 9, 2021 Direct

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 VMD Phantom Share Units Award $0 +14.5K $0.00 14.5K May 9, 2021 Common Shares 14.5K Direct F2, F3
transaction VMD Phantom Share Units Options Exercise $0 -59.7K -100% $0.00* 0 May 9, 2021 Common Shares 59.7K Direct F2, F4
transaction VMD Phantom Share Units Options Exercise $0 -5.68K -50% $0.00 5.68K May 9, 2021 Common Shares 5.68K Direct F2, F5
transaction VMD Phantom Share Units Options Exercise $0 -4.62K -33.33% $0.00 9.24K May 9, 2021 Common Shares 4.62K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of cash-settled phantom shares granted under the Issuer's Phantom Share Unit Plan. Each phantom share is the economic equivalent of one share of the Company's common shares. The settlement of the phantom shares for cash is reported on this Form 4 as a disposition of the phantom shares being settled in exchange for the acquisition of the underlying Company common shares, and a simultaneous disposition of the underlying Company common shares to the Company for cash.
F2 Each share of phantom stock represents a right to receive the cash value of one share of the Issuer's common shares which will be determined based on the Issuer's share price on the vesting date.
F3 Represents an award granted in 2021 under the Issuer's Phantom Share Unit Plan which vests in equal installments on May 9, 2022, May 9, 2023, and May 9, 2024, subject to the Reporting Person's continued employment with the Issuer on such vesting date.
F4 Represents an award granted in 2018 under the Issuer's Phantom Share Unit Plan which vests on May 9, 2021, subject to the Reporting Person's continued employment with the Issuer on such vesting date.
F5 Represents an award granted in 2019 under the Issuer's Phantom Share Unit Plan which vests in equal installments on May 9, 2021 and May 9, 2022, subject to the Reporting Person's continued employment with the Issuer on such vesting date.
F6 Represents an award granted in 2020 under the Issuer's Phantom Share Unit Plan which vests in equal installments on May 9, 2021, May 9, 2022, and May 9, 2023, subject to the Reporting Person's continued employment with the Issuer on such vesting date.