SEC Form 4 · accession 0001209191-15-086493
AMEDISYS INC · AMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald A Laborde
Officer — Vice Chairman and CFO · Director
Period of report
Dec 17, 2015
Accepted (ET)
Dec 21, 2015 · 9:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896262
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (Right to Buy)F1 | $41.38 | Dec 17, 2015 | A | 75,000 | A | — | Dec 17, 2025 | Common Stock | 75,000 | 75,000 | D |
| Restrticted Share Units (Time-Based Vesting)F2 | — | Dec 17, 2015 | A | 27,500 | A | — | — | Common Stock | 27,500 | 27,500 | D |
| Restricted Share Units (Performance-Based Vesting)F4,F3 | — | Dec 17, 2015 | A | 27,500 | A | — | — | Common Stock | 27,500 | 27,500 | D |
Explanation of responses
- F1The Stock Options are subject to time-based vesting conditions and will vest in equal, 25% installments on each of December 17, 2016, December 17, 2017, December 17, 2018 and December 17, 2019, 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 Stock Options.
- F2Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs are subject to time-based vesting conditions and will vest in equal, 25% installments on each of December 17, 2016, December 17, 2017, December 17, 2018 and December 17, 2019, 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
- F3The RSUs awarded are subject to performance-based vesting and will vest, if at all, based (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 2015 through 2018, respectively, and (ii) additional time-based vesting conditions (2015 Tranche: 25% on each of December 17, 2016, 2017, 2018 and 2019; 2017 Tranche: 33.33% on each of December 17, 2018, 2019 and 2020; 2018 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.
- F4The number of shares of common stock listed in Table II, Column 7 represents the maximum number of shares of common stock the Reporting Person would receive based on the satisfaction of all of the pre-determined performance conditions