SEC Form 4 · accession 0001333493-15-000045
eHealth, Inc. · EHTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L Lauer
Officer — Chr. of the Board and CEO · Director
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 2, 2015 | M | 40,936 | $8.80 | A | 211,870 | D | |
| Common StockF3 | Jun 2, 2015 | S | 40,936 | $12.6598 | D | 170,934 | D | |
| Common Stock | Jun 2, 2015 | M | 11,363 | $8.80 | A | 182,297 | D | |
| Common StockF4 | Jun 2, 2015 | S | 11,363 | $12.5806 | D | 170,934 | D | |
| Common Stock | Jun 3, 2015 | M | 47,700 | $8.80 | A | 218,634 | D | |
| Common StockF6 | Jun 3, 2015 | S | 47,700 | $12.5241 | D | 170,934 | D |
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 | $8.80 | Jun 2, 2015 | M | 40,936 | D | — | Dec 14, 2015 | Common Stock | 40,936 | 47,700 | D |
| Employee Stock Option (right to buy)F5 | $8.80 | Jun 2, 2015 | M | 11,363 | D | — | Dec 14, 2015 | Common Stock | 11,363 | 0 | D |
| Employee Stock Option (right to buy)F5 | $8.80 | Jun 3, 2015 | M | 47,700 | D | — | Dec 14, 2015 | Common Stock | 47,700 | 0 | D |
Explanation of responses
- F1The transactions reported on this date were effected pursuant to a Rule 10b5-1 trading plan.
- F2Since the date of the reporting person's last ownership report, he transferred 98,448 shares of eHealth, Inc. to his ex-wife pursuant to a domestic relations order.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $12.90, inclusive. The reporting person undertakes to provide to eHealth, Inc., any security holder of eHealth, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.43 to $12.66, inclusive. The reporting person undertakes to provide to eHealth, Inc., any security holder of eHealth, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
- F5Immediately exercisable for all option shares. The option shares become vested as to 20% of the shares 1 year after December 14, 2005 and 1/60th of the shares upon completion of each month of continuous service thereafter.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.35 to $12.85, inclusive. The reporting person undertakes to provide to eHealth, Inc., any security holder of eHealth, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.