AdaptHealth Corp. — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AdaptHealth Corp. (AHCO)
CIK: 0001725255
Period of Report: 2021-01-28

Reporting Person: Parnes Josh (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-29	Class A Common Stock	D	19597	—	Disposed	208528	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-28	Employee Stock Option (right to buy)	$	A	416667	Acquired		Class A Common Stock (416667)	Direct
2021-01-28	Employee Stock Option (right to buy)	$42.61	A	66600	Acquired	2026-01-28	Class A Common Stock (66600)	Direct
2021-01-28	Employee Stock Option (right to buy)	$48.17	A	77700	Acquired	2026-01-28	Class A Common Stock (77700)	Direct
2021-01-28	Employee Stock Option (right to buy)	$53.72	A	90090	Acquired	2026-01-28	Class A Common Stock (90090)	Direct

Footnotes

F1: On January 29, 2021, the issuer repurchased 19,597 shares of restricted Class A Common Stock from the reporting person.

F2: On December 19, 2019, the reporting person was granted an option to purchase 1,250,000 shares of Class A Common Stock of the issuer. The option vests in three equal annual installments based on the issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2020, 2021 and 2022. The performance criteria for 2020 were met, resulting in vesting of the option as to 416,667 shares.

F3: Options vest in three equal annual installments, beginning on January 28, 2022.

F4: Options vest in three equal annual installments, beginning on January 28, 2022.

F5: Options vest in three equal annual installments, beginning on January 28, 2022.