SEC Form 4 · accession 0000899243-17-024540
AMEDISYS INC · AMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott G Ginn
Officer — Chief Financial Officer
Period of report
Oct 18, 2017
Accepted (ET)
Oct 20, 2017 · 9:30 pm EDT
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 StockF1 | Oct 18, 2017 | A | 3,554 | $0.00 | A | 16,416 | D | |
| Common StockF2 | holding | — | — | — | 2,529 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $49.25 | Oct 18, 2017 | A | 6,995 | A | — | Oct 18, 2027 | Common Stock | 6,995 | 6,995 | D |
| Restricted Stock UnitsF4 | — | Oct 18, 2017 | A | 7,107 | A | — | — | Common Stock | 7,107 | 7,107 | D |
Explanation of responses
- F1The Issuer awarded the Reporting Person 3,554 time-based Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock, and will vest in equal, 25% installments on each of October 18, 2018, October 18, 2019, October 18, 2020 and October 18, 2021, provided that 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.
- F2The information in this report is based on a plan statement dated as of September 30, 2017.
- F3The Stock Options are subject to time-based vesting conditions and will vest in equal, 25% installments on each of October 18, 2018, October 18, 2019, October 18, 2020 and October 18, 2021, provided that the Reporting Person remains continuously employed by the Issuer on each such date, subject to pro-rated vesting provisions as provided in the award agreement for the Stock Options.
- F4The RSUs awarded are subject to performance-based vesting and will vest (i) on the certification by the Compensation Committee of the Issuer's Board of Directors of the achievement of identified performance goals for fiscal year 2018, and (ii) satisfaction of the following additional time-based vesting conditions: 25% of the RSUs will vest immediately upon the Compensation Committee's certification of achievement of the performance goals, and the remaining 75% of the RSUs will vest in equal installments on each of October 18, 2019, October 18, 2020 and October 18, 2021, 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.