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NeueHealth, Inc. — Director's Dealing 2021
Jun 30, 2021
34483_dirs_2021-06-30_8b4b1dbc-5c25-49e1-86d4-9e582d791868.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Bright Health Group Inc. (BHG)
CIK: 0001671284
Period of Report: 2021-06-28
Reporting Person: NEA 15 GP, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-28 | Common Stock | C | 10601925 | — | Acquired | 57461346 | Indirect |
| 2021-06-28 | Common Stock | C | 26703498 | — | Acquired | 84164844 | Indirect |
| 2021-06-28 | Common Stock | C | 19549068 | — | Acquired | 103713912 | Indirect |
| 2021-06-28 | Common Stock | C | 3327852 | — | Acquired | 107041764 | Indirect |
| 2021-06-28 | Common Stock | C | 3494244 | — | Acquired | 3494244 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-28 | Series A Preferred | $ | C | 15619807 | Disposed | Common Stock (10601925) | Indirect | |
| 2021-06-28 | Series B Preferred | $ | C | 8901166 | Disposed | Common Stock (26703498) | Indirect | |
| 2021-06-28 | Series C Preferred | $ | C | 6516356 | Disposed | Common Stock (19549068) | Indirect | |
| 2021-06-28 | Series D Preferred Stock | $ | C | 1109284 | Disposed | Common Stock (3327852) | Indirect | |
| 2021-06-28 | Series D Preferred | $ | C | 1164748 | Disposed | Common Stock (3494244) | Indirect |
Footnotes
F1: Each share of the Issuer's Series A Preferred Stock converted into shares of the Issuer's common stock ("Common Stock") on a 1:0.67874873 basis immediately prior to the closing of the Issuer's initial public offering. These preferred shares had no expiration date.
F2: The Reporting Person is the sole general partner of NEA Partners 15, L.P. ("NEA Partners 15"). NEA Partners 15 is the sole general partner of New Enterprise Associates 15, L.P. ("NEA 15"), the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 15 in which the Reporting Person has no pecuniary interest.
F3: Each share of the Issuer's Series B Preferred Stock, Series C Preferred Stock, and Series D Preferred Stock converted into shares of Common Stock on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering. These preferred shares had no expiration date.
F4: The Reporting Person is the sole general partner of NEA Partners 15-OF, L.P. ("NEA Partners 15-OF"). NEA Partners 15-OF is the sole general partner of NEA 15 Opportunity Fund, L.P. ("NEA 15-OF"), the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 15-OF in which the Reporting Person has no pecuniary interest.