SEC Form 4 · accession 0000899243-17-005335
AMEDISYS INC · AMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald A Laborde
Officer — Vice Chairman
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 9:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896262
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2017 | M | 6,875 | $0.00 | A | 201,482 | D | |
| Common Stock | holding | — | — | — | 1,394 | I | Through 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share Units (Performance-Based Vesting)F2,F1 | — | Feb 22, 2017 | M | 6,875 | D | — | — | Common Stock | 6,875 | 13,750 | D |
| Stock Option (Right to Buy)F4,F3 | $41.38 | Feb 22, 2017 | A | 18,750 | A | — | Dec 17, 2025 | Common Stock | 18,750 | 18,750 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") are subject to performance-based vesting and will vest, if at all, based on (i) the certification by the Compensation Committee of the Issuer's Board of Directors of the achievement of identified performance goals for fiscal years 2015 through 2018, respectively, and (ii) additional time-based vesting conditions (2015 Tranche: 25% on each of December 17, 2016, 2017, 2018 and 2019; 2016 Tranche: 33.33% on each of December 17, 2017, 2018 and 2019; 2017 Tranche: 50% on each of December 17, 2018 and 2019; and 2018 Tranche: 100% on December 17, 2019, assuming the Reporting Person remains continuously employed by the Issuer on each such date, subject to certain pro-rated vesting provisions as provided in the award agreement for the RSUs. The performance criteria for fiscal year 2016 were met.
- F2The number of shares of common stock listed in Table II, Column 9 represents the maximum number of shares of common stock the Reporting Person would receive based on the satisfaction of all of the remaining pre-determined performance conditions.
- F3The option is subject to time vesting conditions and vests in three equal annual installments on each of the following dates: December 17, 2017; December 17, 2018; and December 17, 2019.
- F4On December 17, 2015, the reporting person was granted an option to purchase 75,000 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2015, 2016, 2017 and 2018. The performance criteria for 2016 were met, resulting in vesting of the option as to 18,750 shares.