Filing Details

Accession Number:
0001104659-22-099001
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-09 21:11:41
Reporting Period:
2022-09-07
Accepted Time:
2022-09-09 21:11:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1787640 Convey Health Solutions Holdings Inc. CNVY Services-Misc Health & Allied Services, Nec (8090) 842099378
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1867588 Susana Pichardo C/O Convey Health Solutions
100 Se Third Avenue, 26Th Floor
Fort Lauderdale FL 33394
Svp, Accounting No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2022-09-07 41,795 $7.94 41,795 No 4 X Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2022-09-07 29,856 $6.76 71,651 No 4 X Direct
Common Stock, Par Value $0.01 Per Share Disposition 2022-09-07 71,651 $10.50 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 X Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2022-09-07 41,795 $0.00 41,795 $7.94
Common Stock, Par Value $0.01 Per Share Stock Option (right to buy) Disposition 2022-09-07 29,856 $0.00 29,856 $6.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2030-03-02 No 4 X Direct
47,765 2030-03-02 No 4 X Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.49 to $10.515, inclusive. The reporting person undertakes to provide to Convey Health Solutions Holdings, Inc. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The options, together representing a right to purchase 119,416 shares, consist of (i) 59,708 time-vesting options and (ii) 59,708 performance-vesting options. Time-vesting options are subject to a five-year time-based vesting schedule, with 20% vesting on September 4, 2020 and the remainder vesting in 16 equal installments every three months thereafter. Performance-vesting options vest over a five-year performance period commencing in 2019, with 20% of the stock options eligible to vest each year of the performance period based on achievement of certain financial metrics.
  3. Exercise price reflects a reduction of $1.18 per award from original exercise price of $7.94 as part of a special dividend as previously disclosed in the Company's proxy statement for its 2022 annual meeting of stockholders.