SEC Form 4 · accession 0001179110-19-003733
Teladoc Health, Inc. · TDOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Bucaria
Officer — Chief Human Resources Officer
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 4:02 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 StockF1 | Mar 8, 2019 | M | 1,987 | — | A | 1,987 | D | |
| Common StockF2 | Mar 8, 2019 | F | 799 | $58.51 | D | 1,188 | D | |
| Common Stock | Mar 11, 2019 | M | 2,649 | $37.75 | A | 3,837 | 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 8, 2019 | M | 1,987 | D | — | — | Common Stock | 1,989 | 3,973 | D |
| Employee Stock Option (right to buy)F4 | $37.75 | Mar 11, 2019 | M | 2,649 | D | — | Feb 20, 2028 | Common Stock | 2,649 | 27,518 | 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 February 20, 2018, the reporting person was granted 5,960 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F4The option vested as to 25% of the shares on February 20, 2019. The remainder of the shares vest in 36 equal monthly installments thereafter.