SEC Form 4 · accession 0001179110-19-003460
Teladoc Health, Inc. · TDOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis Levy
Officer — Chief Medical Officer
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 6:02 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 StockF1 | Mar 4, 2019 | M | 2,881 | — | A | 5,352 | D | |
| Common StockF4 | Mar 4, 2019 | F | 972 | $67.55 | D | 4,380 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 4, 2019 | M | 2,881 | D | — | — | Common Stock | 2,881 | 5,762 | D |
| Restricted Stock UnitsF5,F3 | — | Mar 4, 2019 | A | 7,402 | A | — | — | Common Stock | 7,402 | 7,402 | D |
Explanation of responses
- F1Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
- F2On March 1, 2018, the reporting person was granted 8,643 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F3The restricted stock unit vests in three equal annual installments beginning March 4, 2020.
- F4Shares sold to cover the issuer's withholding obligation in respect of reporting person's award.
- F5Each restricted stock unit represents a contingent right to receive one share of TDOC common stock.