SEC Form 4 · accession 0001127602-16-053224
TEAM HEALTH HOLDINGS INC. · TMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P. Jones
Officer — Executive VP and CFO
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 4:15 pm 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 | May 20, 2016 | M | 2,773 | — | A | 38,921 | D | |
| Common StockF2 | May 20, 2016 | F | 759 | $45.30 | D | 38,162 | D |
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,F3 | — | May 20, 2016 | M | 2,773 | D | — | May 20, 2018 | Common Stock | 2,773 | 5,545 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date of May 20, 2016.
- F2Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F3The remaining RSU's will vest 25% on each of the 3rd and 4th anniversaries of the May 20, 2014 grant date, assuming continued employment through the applicable vesting date.