SEC Form 4 · accession 0001127602-16-053287
TEAM HEALTH HOLDINGS INC. · TMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Herring
Director
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 6:11 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 | 916 | — | A | 2,167 | D | |
| Common StockF1 | May 21, 2016 | M | 815 | — | A | 2,982 | 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,F2 | — | May 20, 2016 | M | 916 | D | — | May 20, 2017 | Common Stock | 916 | 916 | D |
| Restricted Stock UnitsF1,F3 | — | May 21, 2016 | M | 815 | D | — | May 21, 2018 | Common Stock | 815 | 1,630 | 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.
- F233 1/3% of the remaining unvested restricted stock units will vest on the 3rd anniversary of the May 20, 2014 grant date.
- F333 1/3 % of the remaining unvested restricted stock units will vest on each of the 2nd and 3rd anniversaries of the May 21, 2015 grant date.