SEC Form 4 · accession 0001127602-19-005505
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
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 7:32 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 | 35,211 | $0.00 | A | 45,211 | D | |
| Common Stock, $.0001 Par ValueF3 | Feb 8, 2019 | F | 11,813 | $3.59 | D | 33,398 | 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 | 35,211 | D | Nov 9, 2018 | — | Common Stock, $.0001 Par Value | 35,211 | 0 | D |
Explanation of responses
- F135,211 Restricted Stock Unites (RSUs) vested on the first anniversary of the original grant date (November 9, 2017); however, as provided in the grant agreement, the Company deferred settlement of the 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. Deitsch's settlement of the 35,211 RSUs that vested on November 9, 2018.
- F4Vesting occurs one year from the date of grant.