SEC Form 4 · accession 0000947871-16-001629
WebMD Health Corp. · WBMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Zatz
Officer — Chief Executive Officer · Director
Period of report
Nov 2, 2016
Accepted (ET)
Nov 4, 2016 · 7:56 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 | Nov 2, 2016 | A | 30,000 | — | A | 115,656 | D | |
| Common StockF2 | Nov 2, 2016 | A | 30,000 | — | A | 145,656 | D | |
| Common Stock | holding | — | — | — | 104 | I | By 401(k) Plan |
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)F3 | $49.00 | Nov 2, 2016 | A | 150,000 | A | — | Nov 2, 2026 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Shares of Issuer's common stock subject to a grant of restricted stock that will vest in equal annual installments over the second, third and fourth anniversary of the grant date.
- F2Shares of Issuer's common stock subject to a grant of restricted stock that will vest December 31, 2019, subject to satisfaction of certain performance criteria and certain exceptions set forth in the applicable award agreement.
- F3Award of options that will vest in equal annual installments over the second, third and fourth anniversary of the grant date.