SEC Form 4 · accession 0001179110-18-005480
Teladoc Health, Inc. · TDOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Hirschhorn
Officer — Executive VP, COO and CFO
Period of report
Apr 6, 2018
Accepted (ET)
Apr 6, 2018 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477449
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 6, 2018 | M | 10,000 | $12.21 | A | 13,753 | D | |
| Common Stock | Apr 6, 2018 | M | 683 | $6.01 | A | 14,436 | D | |
| Common Stock | Apr 6, 2018 | M | 2,285 | $6.01 | A | 16,721 | D | |
| Common Stock | Apr 6, 2018 | M | 1,002 | $1.67 | A | 17,723 | 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)F1 | $12.21 | Apr 6, 2018 | M | 10,000 | D | — | Mar 7, 2026 | Common Stock | 10,000 | 137,900 | D |
| Employee Stock Option (right to buy)F2 | $6.01 | Apr 6, 2018 | M | 2,285 | D | — | Dec 22, 2024 | Common Stock | 2,285 | 47,964 | D |
| Employee Stock Option (right to buy)F3 | $6.01 | Apr 6, 2018 | M | 683 | D | — | Sep 10, 2024 | Common Stock | 683 | 12,303 | D |
| Employee Stock Option (right to buy)F4 | $1.67 | Apr 6, 2018 | M | 1,002 | D | — | Dec 11, 2023 | Common Stock | 1,002 | 15,020 | D |
Explanation of responses
- F1The option vests as to 25% of the shares on March 7, 2017. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F2The option vests as to 25% of the shares on December 22, 2015. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F3The option vests as to 25% of the shares on September 10, 2015. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F4The option vests as to 25% of the shares on December 11, 2014. The remainder of the shares vest in 36 equal monthly installments thereafter.