SEC Form 4 · accession 0001127602-18-010098
Elevance Health, Inc. · ELV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Griffin
Officer — EVP & President, CSBD
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001156039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2018 | F | 856 | $232.04 | D | 9,158 | D | |
| Common StockF2 | Mar 1, 2018 | A | 3,502 | $0.00 | A | 12,660 | D | |
| Common StockF1 | Mar 2, 2018 | F | 2,259 | $233.08 | D | 10,401 | D | |
| Common StockF3 | Mar 2, 2018 | A | 5,462 | $0.00 | A | 15,863 | D | |
| Common StockF4 | holding | — | — | — | 2,245 | I | 2016 GRAT Trust | |
| Common StockF4 | holding | — | — | — | 17,767 | I | 2017 GRAT I Trust | |
| Common StockF4 | holding | — | — | — | 17,767 | I | 2017 GRAT II Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $232.04 | Mar 1, 2018 | A | 14,761 | A | — | Mar 1, 2028 | Common Stock | 14,761 | 14,761 | D |
Explanation of responses
- F1PAYMENT OF TAX LIABILITY BY WITHHOLDING STOCK INCIDENT TO THE VESTING OF PREVIOUSLY GRANTED RESTRICTED STOCK.
- F2Represents restricted share units. Restrictions lapse as follows: 1,167 shares each on 3/1/2019 and 3/1/2020, and 1,168 on 3/1/2021.
- F3Represents performance based restricted share units. Restrictions lapsed on 3/2/18.
- F4The previous balances in the reporting persons GRAT trusts: 14,417 in 2016 GRAT II and 13,298 shares in 2016 GRAT II, have been redistributed to the following: 2,245 in 2016 GRAT, 17,767 shares in 2017 GRAT I and 17,767 shares in 2017 GRAT II, which also includes 10,014 shares previously reported as directly held shares.
- F5The option represents a right to purchase a total of 14,761 shares, and is exercisable in six semi-annual installments, with five installments of 2,460 shares each and one installment of 2,461 shares, beginning on September 1, 2018, which is the six-month anniversary of the option grant date.