SEC Form 4 · accession 0000947871-16-001713
WebMD Health Corp. · WBMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil F Dimick
Director
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 6:11 pm EST
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 Stock | Nov 22, 2016 | M | 8,888 | $30.16 | A | 26,789 | D | |
| Common StockF1 | Nov 22, 2016 | F | 4,982 | $53.81 | D | 21,807 | D | |
| Common Stock | Nov 22, 2016 | M | 13,200 | $40.02 | A | 35,007 | D | |
| Common StockF2 | Nov 22, 2016 | F | 9,818 | $53.81 | D | 25,189 | D | |
| Common Stock | Nov 22, 2016 | M | 13,200 | $23.59 | A | 38,389 | D | |
| Common StockF3 | Nov 22, 2016 | F | 5,787 | $53.81 | D | 32,602 | 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)F4 | $30.16 | Nov 22, 2016 | M | 8,888 | D | — | Jan 1, 2018 | Common Stock | 8,888 | 0 | D |
| Stock Option (right to buy)F5 | $40.02 | Nov 22, 2016 | M | 13,200 | D | — | Jan 1, 2017 | Common Stock | 13,200 | 0 | D |
| Stock Option (right to buy)F6 | $23.59 | Nov 22, 2016 | M | 13,200 | D | — | Jan 1, 2019 | Common Stock | 13,200 | 0 | D |
Explanation of responses
- F1Mr. Dimick received 3,906 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 8,888 shares of WebMD Common Stock, with the remaining 4,982 shares being retained by the issuer to pay the exercise price.
- F2Mr. Dimick received 3,382 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,818 shares being retained by the issuer to pay the exercise price.
- F3Mr. Dimick received 7,413 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 5,787 shares being retained by the issuer to pay the exercise price.
- F425% of the shares underlying the option vested on each of the first, second, third and fourth anniversary of the date of grant (fully vested on the 4th anniversary of the grant date). The date of grant was ten years prior to the expiration date.
- F525% of the shares underlying the option vested on the first anniversary of the grant date and 1/48 of the shares vested or monthly thereafter over the next three-year period (fully vested on the 4th anniversary of the grant date). The date of grant was ten years prior to the expiration date.
- F625% of the shares underlying the option vested on the first anniversary of the grant date and 1/48 of the shares vested or monthly thereafter over the next three-year period (fully vested on the 4th anniversary of the grant date). The date of grant was ten years prior to the expiration date.