SEC Form 4 · accession 0001127602-15-018236
Option Care Health, Inc. · OPCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tricia Nguyen
Director
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 2:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001014739
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | May 20, 2015 | A | 10,000 | A | — | — | Common Stock, $.0001 Par Value | 10,000 | 10,000 | D |
Explanation of responses
- F1Each share of phantom stock is a market-based cash award which is the economic equivalent of one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). Each share of phantom stock is entitled to a cash payment equal to the fair market value of a share of Common Stock as of the vesting date, based on the closing market price of the Common Stock on such date.
- F2The shares of phantom stock vest on the business day immediately preceding the date of the Issuer's 2016 annual meeting of stockholders, provided the reporting person continues to serve as a director of the Issuer as of such date. If unvested on the vesting date, the shares of phantom stock expire.
Remarks
Exhibit 24.1 Power of Attorney