SEC Form 4 · accession 0001127602-15-018481
TEAM HEALTH HOLDINGS INC. · TMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H. Lynn Massingale
Officer — Executive Chairman · Director
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 10:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082754
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 21, 2015 | A | 15,974 | $0.00 | A | 122,110 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $61.35 | May 21, 2015 | A | 48,348 | A | — | May 21, 2023 | Common Stock | 48,348 | 48,348 | D |
Explanation of responses
- F1These shares are in the form of Restricted Stock Units which will vest 25% on each of the 13th month, second, third and fourth anniversaries of the May 21, 2015 grant date.
- F2These shares are held by The H. Lynn Massingale Trust, of which the Reporting Person is the trustee and sole vested beneficiary.
- F3The stock options shall become vested and exercisable with respect to 25% of the underlying shares on each of the first, second, third and fourth anniversaries of the May 21, 2015 grant date.