SEC Form 4 · accession 0001127602-17-002768
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
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 10:58 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082754
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | $0.00 | Jan 26, 2017 | A | 15,974 | A | — | — | Common Stock | 15,974 | 15,974 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F2Represents an award of restricted stock units being granted to correct an administrative error that vests and settles as follows: (a) 15,934 units are fully vested and shall be paid out to the Reporting Person after the Reporting Person's separation from service from Team Health Holdings, Inc. (the "Issuer") in equal monthly installments; and (b) 40 units shall vest and settle upon consummation of the previously announced merger to be entered by and among the Issuer, Tennessee Parent, Inc. and Tennessee Merger Sub, Inc.