SEC Form 4 · accession 0001127602-16-056224
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
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 4:07 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 | Jun 21, 2016 | M | 3,993 | — | A | 51,046 | I | In Trust |
| Common StockF2,F1 | Jun 21, 2016 | F | 1,692 | — | D | 49,354 | 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 UnitsF3,F4 | — | Jun 21, 2016 | M | 3,993 | D | — | May 21, 2019 | Common Stock | 3,993 | 11,981 | 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.
- F3Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F425% of the restricted stock units are scheduled to vest on each of the 1st, 2nd, 3rd and 4th anniversaries of the May 21, 2015 grant date.