SEC Form 4 · accession 0001179110-19-000651
Teladoc Health, Inc. · TDOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam C Vandervoort
Officer — Chief Legal Officer, Secretary
Period of report
Jan 8, 2019
Accepted (ET)
Jan 10, 2019 · 4:06 pm EST
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 | Jan 8, 2019 | M | 2,734 | $8.71 | A | 2,934 | D | |
| Common Stock | Jan 8, 2019 | M | 456 | $9.60 | A | 3,390 | D | |
| Common Stock | Jan 8, 2019 | M | 913 | $12.21 | A | 4,303 | D | |
| Common Stock | Jan 8, 2019 | M | 1,447 | $22.30 | A | 5,750 | D | |
| Common StockF1 | Jan 8, 2019 | S | 5,500 | $53.80 | D | 200 | 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)F2 | $8.71 | Jan 8, 2019 | M | 2,734 | D | — | Feb 25, 2025 | Common Stock | 2,734 | 5,468 | D |
| Employee Stock Option (right to buy)F3 | $9.60 | Jan 8, 2019 | M | 456 | D | — | May 29, 2025 | Common Stock | 456 | 2,278 | D |
| Employee Stock Option (right to buy)F4 | $12.21 | Jan 8, 2019 | M | 913 | D | — | Mar 7, 2026 | Common Stock | 913 | 12,790 | D |
| Employee Stock Option (right to buy)F5 | $22.30 | Jan 8, 2019 | M | 1,447 | D | — | Mar 3, 2027 | Common Stock | 1,447 | 37,615 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on June 5, 2018.
- F2The option vests as to 25% of the shares on February 25, 2016. The remainder of the shares vest in 36 equal monthly installments thereafter.
- F3The option vests as to 25% of the shares on May 29, 2016. 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 March 3, 2018. The remainder of the shares vest in 36 equal monthly installments thereafter.