Sec Form 4 Filing - STERNLICHT BARRY S @ Cano Health, Inc. - 2021-07-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
STERNLICHT BARRY S
2. Issuer Name and Ticker or Trading Symbol
Cano Health, Inc. [ CANO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1601 WASHINGTON AVENUE, SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
07/21/2021
(Street)
MIAMI BEACH, FL33139
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock 07/21/2021 J( 1 ) 4,383,669 D $ 0 34,831,848 I By JAWS Equity Owner 146, L.L.C. ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants to purchase Class A common stock $ 11.5 07/21/2021 J( 1 ) 2,688,694 07/04/2021 06/04/2026 Class A Ordinary Shares 7,844,639 $ 0 7,844,639 I By JAWS Equity Owner 146, L.L.C. ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STERNLICHT BARRY S
1601 WASHINGTON AVENUE, SUITE 800
MIAMI BEACH, FL33139
X X
Signatures
/s/ Michael Racich, Attorney-in-Fact for Barry Stuart Sternlicht 07/23/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person had previously reported beneficial ownership of all securities held by Jaws Sponsor LLC but disclaimed beneficial ownership of such securities except to the extent of his pecuniary interest therein. In connection with the liquidation and distribution of securities held by Jaws Sponsor LLC, JAWS Equity Owner 146, L.L.C. ("Equity Owner") received 12,791,331 shares of Class A common stock and 7,844,639 Warrants to purchase shares of Class A common stock, each representing the reporting person's pecuniary interest in the holdings of Jaws Sponsor LLC immediately prior to the distribution. As a result, as reported herein, his reportable beneficial ownership was reduced by 4,383,660 shares of Class A common stock and 2,688,694 Warrants to purchase shares of Class A common stock, provided that his pecuniary interest is unchanged as a result of, and he received no consideration in connection with, the foregoing reductions.
( 2 )The reported securities are held by Equity Owner. The reporting person controls Equity Owner and is therefore deemed to be the beneficial owner of such securities, provided that, the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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