Wai Conrad sold CLOV

March 14, 2024 · Form 4 insider transaction

Wai Conrad sold 74,396 shares of Clover Health Investments, Corp. at $0.73 per share, a transaction worth $54.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
74,396
Price
$0.73
Total value
$54.3K
InsiderWai Conrad
Role
SecurityClass A Common Stock
Transaction codeF: Shares withheld for taxes
Transaction dateMarch 14, 2024
Filing dateMarch 18, 2024
Shares owned after2,922,743
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on March 14, 2024, of 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on March 14, 2022. The remaining RSUs will vest quarterly in equal installments of 6.25%, with the final vesting date occurring on March 14, 2026, subject to the continued service of the Reporting Person on each such vesting date.

View the original Form 4 on SEC EDGAR