SEC Form 4 · accession 0001127602-19-005479
Option Care Health, Inc. · OPCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel E Greenleaf
Officer — Chief Executive Officer
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 7:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001014739
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.0001 Par ValueF1,F2 | Feb 8, 2019 | M | 64,350 | $0.00 | A | 95,350 | D | |
| Common Stock, $.0001 Par ValueF3 | Feb 8, 2019 | F | 21,654 | $3.59 | D | 73,696 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2,F4 | — | Feb 8, 2019 | M | 64,350 | D | — | — | Common Stock, $.0001 Par Value | 64,350 | 128,700 | D |
Explanation of responses
- F1One third (64,350 RSUs) of Mr. Greenleaf's original award of 193,050 RSUs vested on the first anniversary of the original grant date (November 27, 2017); however, as provided in the grant agreement, the Company deferred settlement of the 64,350 RSUs until February 8, 2019.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
- F3This transaction represents shares withheld by the Company for tax withholding on Mr. Greenleaf's settlement of the 64,350 RSUs that vested on November 28, 2018.
- F4The remaining 128,700 RSUs vest in two equal installments commencing on the second and third anniversaries of the date of grant (11/28/2017).