SEC Form 4 · accession 0000947871-15-000260
WebMD Health Corp. · WBMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Schlanger
Officer — Chief Executive Officer
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326583
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 25, 2015 | A | 40,000 | $0.00 | A | 112,297 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $42.99 | Mar 25, 2015 | A | 80,000 | A | — | Mar 25, 2025 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F150% of the restricted shares granted are scheduled to vest on each of the second and third anniversaries of the date of grant (fully vested on the third anniversary of the date of grant).
- F250% of the shares underlying the option are scheduled to vest on each of the second and third anniversaries of the date of grant (fully vested on the third anniversary of the date of grant). The date of grant for the options was ten years prior to the expiration date.