SEC Form 4 · accession 0001179110-19-003462
Teladoc Health, Inc. · TDOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephany Verstraete
Officer — Chief Marketing Officer
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 6:08 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 | 3,169 | — | A | 5,094 | D | |
| Common StockF2 | Mar 4, 2019 | F | 1,035 | $67.55 | D | 4,059 | D | |
| Common StockF1 | Mar 6, 2019 | M | 1,925 | — | A | 5,984 | D | |
| Common StockF2 | Mar 6, 2019 | F | 632 | $60.62 | D | 5,352 | 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,F3 | — | Mar 4, 2019 | M | 3,169 | D | — | — | Common Stock | 3,169 | 6,338 | D |
| Restricted Stock UnitsF4,F5 | — | Mar 4, 2019 | A | 11,103 | A | — | — | Common Stock | 11,103 | 11,103 | D |
| Restricted Stock UnitsF1,F6 | — | Mar 6, 2019 | M | 1,925 | D | — | — | Common Stock | 1,925 | 3,850 | D |
Explanation of responses
- F1Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
- F2Shares sold to cover the issuer's withholding obligation in respect of reporting person's award.
- F3On March 1, 2018, the reporting person was granted 9,507 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F4Each restricted stock unit represents a contingent right to receive one share of TDOC common stock.
- F5The restricted stock unit vests in three equal annual installments beginning March 4, 2020.
- F6On May 25, 2017, the reporting person was granted 7,700 restricted stock units, vesting in four equal annual installments beginning on March 3, 2018.