SEC Form 4 · accession 0001179110-18-011582
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
Sep 19, 2018
Accepted (ET)
Sep 20, 2018 · 4:32 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 | Sep 19, 2018 | M | 2,003 | $1.67 | A | 4,794 | D | |
| Common Stock | Sep 19, 2018 | M | 2,050 | $6.01 | A | 6,844 | D | |
| Common Stock | Sep 19, 2018 | M | 4,568 | $6.01 | A | 11,412 | D | |
| Common Stock | Sep 19, 2018 | M | 9,243 | $12.21 | A | 20,655 | D | |
| Common Stock | Sep 19, 2018 | M | 10,000 | $18.98 | A | 30,655 | D | |
| Common Stock | Sep 19, 2018 | M | 4,345 | $22.30 | A | 35,000 | 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 | $1.67 | Sep 19, 2018 | M | 2,003 | D | — | Dec 11, 2023 | Common Stock | 2,003 | 10,011 | D |
| Employee Stock Option (right to buy)F2 | $6.01 | Sep 19, 2018 | M | 2,050 | D | — | Sep 10, 2024 | Common Stock | 2,050 | 8,202 | D |
| Employee Stock Option (right to buy)F3 | $6.01 | Sep 19, 2018 | M | 4,568 | D | — | Dec 22, 2024 | Common Stock | 4,568 | 36,544 | D |
| Employee Stock Option (right to buy)F4 | $12.21 | Sep 19, 2018 | M | 9,243 | D | — | Mar 7, 2026 | Common Stock | 9,243 | 92,438 | D |
| Employee Stock Option (right to buy)F5 | $18.98 | Sep 19, 2018 | M | 10,000 | D | — | Sep 16, 2026 | Common Stock | 10,000 | 30,000 | D |
| Employee Stock Option (right to buy)F6 | $22.30 | Sep 19, 2018 | M | 4,345 | D | — | Mar 3, 2027 | Common Stock | 4,345 | 109,535 | D |
Explanation of responses
- F1The option vests as to 25% of the shares on December 11, 2014. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F2The option vests as to 25% of the shares on September 10, 2015. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F3The option vests as to 25% of the shares on December 22, 2015. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F4The option vests as to 25% of the shares on March 7, 2017. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F5The option vests as to 25% of the shares on September 16, 2017. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F6The option vests as to 25% of the shares on March 3, 2018. The remainder of the shares vest in 36 equal monthly installments thereafter.