SEC Form 4 · accession 0001127602-16-036963
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
Dec 31, 2015
Accepted (ET)
Jan 14, 2016 · 5:12 pm EST
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 | Dec 31, 2015 | M | 15,934 | $0.00 | A | 50,758 | I | In Trust |
| Common StockF2,F3 | Dec 31, 2015 | F | 6,749 | $0.00 | D | 44,009 | I | In Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4,F5 | — | Dec 31, 2015 | M | 15,934 | D | — | Dec 31, 2017 | Common Stock | 15,934 | 31,868 | D |
Explanation of responses
- F115,934 restricted stock units vested on December 31, 2015, representing 1/3 of the restricted stock unit award of 47,802 restricted stock units granted to Dr. Massingale on December 31, 2014.
- F2These shares were withheld to satisfy the tax obligation arising from the vesting of 15,934 restricted stock units on December 31, 2015.
- F3This amount includes 4,773 restricted shares scheduled to vest 50% on each of May 23, 2016 and May 23, 2017.
- F4Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F5The remaining 2/3 of the Restricted Stock Units will vest on each of the second and third anniversaries of the December 31, 2014 grant date.