SEC Form 4 · accession 0001127602-16-056260
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)
Jun 23, 2016 · 5:29 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 | 2,343 | — | A | 40,505 | D | |
| Common StockF2 | Jun 21, 2016 | F | 993 | $41.65 | D | 37,933 | D | |
| Common StockF3 | May 20, 2016 | F | 416 | $45.30 | D | 37,746 | 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 UnitsF4,F5 | — | Jun 21, 2016 | M | 2,343 | D | — | May 21, 2019 | Common Stock | 2,343 | 7,030 | 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.
- F3Shares withheld by Registrant to satisfy an additional 15% increased tax withholding on vesting of restricted stock units that vested on May 20, 2016. No shares were sold.
- F4Each RSU represents the contingent right to receive one share of common stock upon vesting of the unit.
- F525% of the RSU's are scheduled to vest on each of the 2nd, 3rd and 4th anniversaries of the May 21, 2015 grant date.