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Thrive Capital Partners VII Growth, L.P.'s Form 4 filing

Oscar Health, Inc. (OSCR) · filed Nov 18, 2024

Accession no.
0000950170-24-128068
Filed
Nov 18, 2024, 5:02 PM ET
Trade date
Nov 14, 2024
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market purchases total $5.44M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Thrive Capital Partners VII Growth, L.P.CIK 0001841736Director, 10% Owner
Claremount VII Associates, L.P.CIK 0001841808Director, 10% Owner
Thrive Partners VII GP, LLCCIK 0001877733Director, 10% Owner
Thrive Partners VII Growth GP, LLCCIK 0001877735Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 14, 2024Class A Common StockPPurchaseAcquired+158,732$15.61F1+$2,478,187.485,969,432Indirect
Nov 14, 2024Class A Common StockPPurchaseAcquired+185,790$15.97F3+$2,966,155.936,155,222Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Represents (i) 156,855 shares purchased by Thrive Capital Partners VII Growth, L.P. ("Thrive VII Growth") and (ii) 1,877 shares purchased by Claremount VII Associates, L.P. ("Claremount VII"). The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $14.87 to $15.865, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18. Following the reported transaction, 5,898,378 shares are held directly by Thrive VII Growth and 71,054 shares are held directly by Claremount VII.

Referenced by the price of 1 transaction in Table I.

F3

Represents (i) 183,567 shares purchased by Thrive VII Growth and (ii) 2,223 shares purchased by Claremount VII. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.87 to $16.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18. Following the reported transaction, 6,081,945 shares are held directly by Thrive VII Growth and 73,277 shares are held directly by Claremount VII.

Referenced by the price of 1 transaction in Table I.

Remarks

Joshua Kushner has been deputized to represent the Reporting Persons on the board of directors of the Issuer. By virtue of Mr. Kushner's representation, for purposes of Section 16 of the Securities Exchange Act of 1934 (the "Exchange Act"), each of the Reporting Persons may be deemed directors by deputization of the Issuer. Mr. Kushner has filed a separate Section 16 report disclosing securities of the Issuer that he may be deemed to beneficially own for Section 16 purposes.

Read the full filing on SEC EDGAR (opens in a new tab)