SEC Form 4 · accession 0001127602-16-053254
TEAM HEALTH HOLDINGS INC. · TMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Snow
Officer — President and CEO · Director
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 5:10 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 | 13,455 | D | |
| Common StockF2 | May 20, 2016 | F | 759 | $45.30 | D | 12,696 | 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.
- F2Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F325% of the remaining unvested restricted stock units are scheduled to vest on each of the 3rd and 4th anniversaries of the May 20, 2014 grant date.