4//SEC Filing
Achar Christopher K 4
Accession 0001140361-21-032809
CIK 0001628945other
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 5:17 PM ET
Size
9.7 KB
Accession
0001140361-21-032809
Insider Transaction Report
Form 4
Cue Health Inc.HLTH
Achar Christopher K
Director
Transactions
- Award
Common Stock
2021-09-24+1,388,246→ 1,388,246 total - Conversion
Series B Preferred Stock
2021-09-28−69,710→ 0 total→ Common Stock (69,710 underlying) - Conversion
Common Stock
2021-09-28+69,710→ 1,457,956 total
Holdings
- 1,520,000(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]Grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Incentive Plan. 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, the RSUs will vest as to 25% of the initial grant on each anniversary of the grant date until the grant is fully vested on the fourth anniversary of the grant date.
- [F2]Includes 1,388,246 unvested RSUs.
- [F3]On September 28, 2021, the Series B Preferred Stock automatically converted into Common Stock on a one-to-one basis without payment of further consideration upon the closing of the initial public offering of the Issuer's common stock. The shares had no expiration date.
- [F4]The securities are directly held by Hlth Wrk LLC. Chris Achar is the sole manager of Hlth Wrk LLC and may be deemed to have voting and investment power with respect to the shares held by Hlth Wrk LLC and as a result may be deemed to have beneficial ownership of such shares.
Documents
Issuer
Cue Health Inc.
CIK 0001628945
Entity typeother
Related Parties
1- filerCIK 0001868312
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 5:17 PM ET
- Size
- 9.7 KB