Home/Filings/4/0001415889-21-003298
4//SEC Filing

Nelsen Keith J 4

Accession 0001415889-21-003298

CIK 0001671284other

Filed

Jun 29, 8:00 PM ET

Accepted

Jun 30, 9:45 PM ET

Size

20.1 KB

Accession

0001415889-21-003298

Insider Transaction Report

Form 4
Period: 2021-02-19
Nelsen Keith J
GC & CORPORATE SECRETARY
Transactions
  • Gift

    Common Stock

    2021-06-18150,000300,000 total
  • Award

    Restricted Stock Units

    2021-06-28+1,050,0001,050,000 total
    Common Stock (1,050,000 underlying)
  • Gift

    Common Stock

    2021-06-18+150,000150,000 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2021-05-12$1.77/sh+450,000$797,850450,000 total
  • Gift

    Common Stock

    2021-06-18150,000150,000 total
  • Gift

    Common Stock

    2021-06-18+150,000150,000 total(indirect: See Footnote)
  • Award

    Stock Options (Right to Buy)

    2021-02-19+675,000675,000 total
    Exercise: $2.30Exp: 2031-02-19Common Stock (675,000 underlying)
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2021-05-12450,0001,350,000 total
    Exercise: $1.77Exp: 2030-05-28Common Stock (450,000 underlying)
Holdings
  • Stock Options (Right to Buy)

    Exercise: $2.30Exp: 2030-11-19Common Stock (225,000 underlying)
    225,000
Footnotes (8)
  • [F1]Reflects securities held by Grace K. Nelsen 2021 Irrevocable Trust. These securities were inadvertently reported as directly owned by the Reporting Person on the Form 3 filed on June 24, 2021 in connection with the Issuer's initial public offering (the "Form 3").
  • [F2]Reflects securities held by Maxwell D. Nelsen 2021 Irrevocable Trust. These securities were inadvertently reported as directly owned by the Reporting Person on the Form 3 filed the Reporting Person.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock ("Common Stock").
  • [F4]These performance-based restricted stock units ("PSUs") vest if the performance conditions are met.
  • [F5]These PSUs shall vest as follows if the following price per share goals are met.
  • [F6]These stock options vest over four years as follows: (a) 25% vests June 24, 2022 and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.
  • [F7]These stock options vest over four years as follows: (a) 25% vested on May 4, 2021 (one year after commencement of employment), and (b) 1/48 of the original grant amount (1,800,000) vests in monthly installments for the following three years.
  • [F8]These stock options vest over four years as follows: (a) 25% vests on December 18, 2021, and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.

Issuer

Bright Health Group Inc.

CIK 0001671284

Entity typeother

Related Parties

1
  • filerCIK 0001521145

Filing Metadata

Form type
4
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 9:45 PM ET
Size
20.1 KB