SEC Form 4 · accession 0000899243-18-020865
AMEDISYS INC · AMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon Brunecz
Officer — Chief Human Resources Officer
Period of report
Jul 27, 2018
Accepted (ET)
Jul 31, 2018 · 9:31 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 | Jul 27, 2018 | A | 8,386 | $0.00 | A | 8,386 | D |
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)F2 | $93.76 | Jul 27, 2018 | A | 17,468 | A | — | Jul 27, 2028 | Common Stock | 17,468 | 17,468 | D |
| Restricted Stock UnitsF3 | — | Jul 27, 2018 | A | 16,772 | A | — | — | Common Stock | 16,772 | 16,772 | D |
Explanation of responses
- F1The Issuer awarded the Reporting Person 8,386 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 July 27, 2019, July 27, 2020, July 27, 2021 and July 27, 2022, 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 Stock Options are subject to time-based vesting conditions and will vest in equal, 25% installments on each of July 27, 2019, July 27, 2020, July 27, 2021 and July 27, 2022, 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.
- F3The 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 years 2018 through 2021, respectively, and (ii) additional time-based vesting conditions (2018 Tranche: one-third on each of July 27, 2019, 2020 and 2021; 2019 Tranche: one-third on each of July 27, 2020, 2021 and 2022; 2020 Tranche: one-third on each of July 27, 2021, 2022 and 2023; and 2021 Tranche: one-third on each of July 27, 2022, 2023 and 2024), 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.