SEC Form 4 · accession 0001127602-17-015449
Option Care Health, Inc. · OPCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Deitsch
Officer — Chief Financial Officer
Period of report
Apr 24, 2017
Accepted (ET)
Apr 25, 2017 · 5:07 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $1.52 | Apr 24, 2017 | A | 215,909 | A | Apr 24, 2018 | Apr 24, 2027 | Common Stock, $.0001 Par Value | 215,909 | 215,909 | D |
| Restricted Stock UnitF3,F2 | — | Apr 24, 2017 | A | 66,902 | A | — | Dec 31, 2019 | Common Stock, $.0001 Par Value | 66,902 | 66,902 | D |
Explanation of responses
- F1Vests and becomes exercisable in three equal annual installments commencing on the first anniversary of the date of grant.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock. Vesting occurs if Company stock price, as measured by 20-day average stock price ending December 31, 2019, reaches specified levels.
- F3Depending on Company stock price at the end of the performance period, payout may be 0%, 50%, 100% or 150% of reported amount.