HLTH · Cue Health Inc.
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-08-27 | Tarsadia Capital, LLC |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This Form 4 is filed jointly by TCCS I, LP ("TCCS"), TC GP, LLC ("TC GP"), Tarsadia Capital, LLC ("Tarsadia Capital"), Tarsadia Investments, LLC ("Tarsadia Investments"), NVGA I, LLC ("NVGA"), CP (HLTH), LLC ("CP HLTH"), TUP Investments, L.P. ("TUP Investments"), T-Twelve Holdings, LLC ("T-Twelve Holdings"), and TFC Manager, LLC ("TFC Manager"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities. The shares of Common Stock reported herein were sold at a price of $0.000001 per share. Securities held by T-Twelve Holdings. TFC Manager is the manager of T-Twelve Holdings. Akram Mahesh, a United States citizen, is the ultimate control person of each of TFC Manager and T-Twelve Holdings. |
Common Stock
(I)
|
3,319,000 |
| 2024-08-23 | Tarsadia Capital, LLC |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This Form 4 is filed jointly by TCCS I, LP ("TCCS"), TC GP, LLC ("TC GP"), Tarsadia Capital, LLC ("Tarsadia Capital"), Tarsadia Investments, LLC ("Tarsadia Investments"), NVGA I, LLC ("NVGA"), CP (HLTH), LLC ("CP HLTH"), TUP Investments, L.P. ("TUP Investments"), T-Twelve Holdings, LLC ("T-Twelve Holdings"), and TFC Manager, LLC ("TFC Manager"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities. The shares of Common Stock reported herein were sold at a price of $0.000008 per share. Tushar Patel, a United States citizen is the ultimate control person of each of TCCS, TC GP, Tarsadia Capital, NVGA, CP HLTH, Tarsadia Investments, and TUP Investments. Securities held by NVGA. Tarsadia Investments is the investment manager to NVGA. |
Common Stock
(I)
|
3,230,779 |
| 2024-08-23 | Tarsadia Capital, LLC |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This Form 4 is filed jointly by TCCS I, LP ("TCCS"), TC GP, LLC ("TC GP"), Tarsadia Capital, LLC ("Tarsadia Capital"), Tarsadia Investments, LLC ("Tarsadia Investments"), NVGA I, LLC ("NVGA"), CP (HLTH), LLC ("CP HLTH"), TUP Investments, L.P. ("TUP Investments"), T-Twelve Holdings, LLC ("T-Twelve Holdings"), and TFC Manager, LLC ("TFC Manager"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities. The shares of Common Stock reported herein were sold at a price of $0.000001 per share. Tushar Patel, a United States citizen is the ultimate control person of each of TCCS, TC GP, Tarsadia Capital, NVGA, CP HLTH, Tarsadia Investments, and TUP Investments. |
Common Stock
(I)
|
1,067,674 |
| 2024-08-23 | Tarsadia Capital, LLC |
10% Owner |
Sell↓
Filing footnotes — Common stock, par value $0.00001 per share ("Common Stock") (Indirect)
This Form 4 is filed jointly by TCCS I, LP ("TCCS"), TC GP, LLC ("TC GP"), Tarsadia Capital, LLC ("Tarsadia Capital"), Tarsadia Investments, LLC ("Tarsadia Investments"), NVGA I, LLC ("NVGA"), CP (HLTH), LLC ("CP HLTH"), TUP Investments, L.P. ("TUP Investments"), T-Twelve Holdings, LLC ("T-Twelve Holdings"), and TFC Manager, LLC ("TFC Manager"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities. Securities held by TCCS. TC GP is the general partner of TCCS. Tarsadia Capital is the investment manager to TCCS. Tushar Patel, a United States citizen is the ultimate control person of each of TCCS, TC GP, Tarsadia Capital, NVGA, CP HLTH, Tarsadia Investments, and TUP Investments. |
Common stock, par value $0.00001 per share ("Common Stock")
(I)
|
10,684,791 |
| 2024-03-25 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Includes 1,082,761 unvested RSUs. |
Common Stock
|
20,456 |
| 2024-03-05 | Javed Aasim |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
This Form 4/A is filed to correct the amount of shares beneficially owned by the reporting person following the reported transaction. In the original Form 4 filed on March 7, 2024, the amount in Row 1, Column 5 was reported as 1,010,149 shares and was overstated by 12,145 shares. These overstatements occurred as follows: on the reporting person's Form 3 filed on March 7, 2023, his beneficial ownership was overstated by 11,695 shares and on the Form 4 filed on February 27, 2024, the reporting person included 32,381 shares acquired under the Issuer's employee stock purchase plan on December 29, 2023 which was overstated by 450 shares. The amount of shares beneficially owned in this Forms 4/A reflects the reduction of 12,145 shares which is the total amount of the overstatement of shares reported on March 7, 2023 and February 27, 2024. |
Common Stock
|
13,327 |
| 2024-03-05 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Includes 1,336,743 unvested RSUs. |
Common Stock
|
10,742 |
| 2024-03-05 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Includes 1,132,676 unvested RSUs. |
Common Stock
|
12,604 |
| 2024-03-05 | Achar Christopher K |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
Includes 1,127,772 unvested RSUs. |
Common Stock
|
8,482 |
| 2024-03-05 | Pollard Randall E. |
CHIEF ACCOUNTING OFFICER |
Tax↓
Filing footnotes — Common Stock (Direct)
Includes 423,723 unvested RSUs. |
Common Stock
|
7,304 |
| 2024-02-16 | REDDY RISHI |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by restricted stock units, or RSUs, all of which vest on June 5, 2024. |
Common Stock
|
63,300 |
| 2024-02-08 | Pollard Randall E. |
CHIEF ACCOUNTING OFFICER |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by restricted stock units, or RSUs, which vest in eight equal quarterly installments beginning on June 5, 2024. Includes 444,831 unvested RSUs. |
Common Stock
|
200,000 |
| 2024-02-08 | Achar Christopher K |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by restricted stock units, or RSUs, which vest in eight equal quarterly installments beginning on June 5, 2024. Includes 1,141,818 unvested RSUs. |
Common Stock
|
300,000 |
| 2024-02-08 | Khattak Ayub K |
Director, President and CEO |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by restricted stock units, or RSUs, which vest in eight equal quarterly installments beginning on June 5, 2024. Includes 1,362,954 unvested RSUs. |
Common Stock
|
700,000 |
| 2024-02-08 | Sever Clint |
Chief Product Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by restricted stock units, or RSUs, which vest in eight equal quarterly installments beginning on June 5, 2024. Includes 1,163,430 unvested RSUs. |
Common Stock
|
500,000 |
| 2024-02-08 | Javed Aasim |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by restricted stock units, or RSUs, which vest in eight equal quarterly installments beginning on June 5, 2024. Includes 32,831 shares acquired under the Issuer's employee stock purchase plan on December 29, 2023. |
Common Stock
|
300,000 |
| 2024-02-08 | Javed Aasim |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The reported shares are represented by RSUs which vest in two equal annual installments beginning on March 5, 2025. Includes 858,127 unvested RSUs. |
Common Stock
|
200,000 |
| 2023-12-26 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 663,430 unvested RSUs. |
Common Stock
|
25,781 |
| 2023-12-26 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 662,954 unvested RSUs. |
Common Stock
|
31,938 |
| 2023-12-05 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 723,961 unvested RSUs. |
Common Stock
|
13,722 |
| 2023-12-05 | Javed Aasim |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). The total amount of shares beneficially owned includes an adjustment of 5,867 shares which were inadvertently omitted from Column 5 of Table I of the Form 4 filed on September 7, 2023. Includes 358,127 unvested RSUs. |
Common Stock
|
11,623 |
| 2023-12-05 | Achar Christopher K |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 841,818 unvested RSUs. |
Common Stock
|
7,465 |
| 2023-12-05 | Pollard Randall E. |
CHIEF ACCOUNTING OFFICER |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 244,831 unvested RSUs. |
Common Stock
|
6,186 |
| 2023-12-05 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 713,344 unvested RSUs. |
Common Stock
|
15,885 |
| 2023-12-05 | Palsis Erica |
General Counsel |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units. Includes 554,332 unvested RSUs. |
Common Stock
|
6,272 |
| 2023-09-25 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 744,098 unvested RSUs. |
Common Stock
|
25,782 |
| 2023-09-25 | Achar Christopher K |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 855,864 unvested RSUs. |
Common Stock
|
184,429 |
| 2023-09-25 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 750,172 unvested RSUs. |
Common Stock
|
31,938 |
| 2023-09-05 | Javed Aasim |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 5,867 shares acquired under the Issuer's employee stock purchase plan on June 30, 2023 and 390,280 unvested RSUs |
Common Stock
|
11,623 |
| 2023-09-05 | Palsis Erica |
General Counsel |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units. Includes 5,867 shares acquired under the Issuer's employee stock purchase plan on June 30, 2023 and 575,736 unvested RSUs. |
Common Stock
|
6,272 |
| 2023-09-05 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 794,013 unvested RSUs. |
Common Stock
|
15,885 |
| 2023-09-05 | Pollard Randall E. |
CHIEF ACCOUNTING OFFICER |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). The total amount of shares beneficially owned includes an adjustment of 180,000 shares which were inadvertently omitted from Column 5 of Table I of the Form 4 filed on June 7, 2023. Includes 265,939 unvested RSUs. |
Common Stock
|
6,186 |
| 2023-09-05 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 811,179 unvested RSUs. |
Common Stock
|
9,064 |
| 2023-09-05 | Achar Christopher K |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 1,202,926 unvested RSUs. |
Common Stock
|
7,465 |
| 2023-06-26 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 824,766 unvested RSUs. |
Common Stock
|
25,782 |
| 2023-06-26 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 837,390 unvested RSUs. |
Common Stock
|
21,097 |
| 2023-06-05 | Martinez Maria |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock and is scheduled to vest in full on June 5, 2024. Includes 123,654 unvested RSUs. |
Common Stock
|
63,300 |
| 2023-06-05 | Javed Aasim |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 422,433 unvested RSUs. |
Common Stock
|
11,626 |
| 2023-06-05 | Achar Christopher K |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 1,216,972 unvested RSUs. |
Common Stock
|
6,965 |
| 2023-06-05 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 898,397 unvested RSUs. |
Common Stock
|
9,064 |
| 2023-06-05 | Ghaim Joshua |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock and is scheduled to vest in full on June 5, 2024. Includes 179,307 unvested RSUs. |
Common Stock
|
63,300 |
| 2023-06-05 | Palsis Erica |
General Counsel |
Award↑
Filing footnotes — Common Stock (Direct)
Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-half (1/2) of the shares vest on the first anniversary Vesting Commencement Date that is on or after June 5, 2024 and the remaining one half (1/2) of the RSUs will be scheduled to vest on the second anniversary of the Vesting Commencement Date, subject to the reporting person providing continuous service through such date. |
Common Stock
|
80,000 |
| 2023-06-05 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 874,681 unvested RSUs. |
Common Stock
|
15,885 |
| 2023-06-05 | Palsis Erica |
General Counsel |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs. Includes 597,140 unvested RSUs. |
Common Stock
|
6,272 |
| 2023-06-05 | Pollard Randall E. |
CHIEF ACCOUNTING OFFICER |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs"). Includes 107,047 unvested RSUs. |
Common Stock
|
14,851 |
| 2023-06-05 | Bradford K Joanne |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock and is scheduled to vest in full on June 5, 2024. Includes 123,654 unvested RSUs. |
Common Stock
|
63,300 |
| 2023-06-05 | Jain Sachin H. |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock and is scheduled to vest in full on June 5, 2024. Includes 153,661 of unvested RSUs. |
Common Stock
|
63,300 |
| 2023-06-05 | Faig Carole T |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock and is scheduled to vest in full on June 5, 2024. Includes 123,654 unvested RSUs. |
Common Stock
|
63,300 |
| 2023-03-24 | Sever Clint |
Chief Product Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units. Includes 905,434 unvested RSUs. |
Common Stock
|
17,115 |
| 2023-03-24 | Khattak Ayub K |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units. Includes 924,608 unvested RSUs. |
Common Stock
|
21,028 |