SEC Form 4 · accession 0001179110-19-003475
Teladoc Health, Inc. · TDOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter A McClennen
Officer — President
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 6:38 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 | 8,283 | — | A | 8,283 | D | |
| Common StockF1 | Mar 4, 2019 | A | 8,697 | — | A | 16,980 | D | |
| Common StockF2 | Mar 4, 2019 | F | 7,310 | $67.55 | D | 9,670 | 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 | 8,283 | D | — | — | Common Stock | 8,283 | 16,566 | D |
| Restricted Stock UnitsF4,F5 | — | Mar 4, 2019 | A | 22,206 | A | — | — | Common Stock | 22,206 | 22,206 | D |
| Restricted Stock UnitsF4,F6 | — | Mar 4, 2019 | A | 17,395 | A | — | — | Common Stock | 17,395 | 17,395 | 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 24,849 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.
- F6The restricted stock unit vests in two equal annual installments beginning March 1, 2020.