SEC Form 4 · accession 0001127602-15-024242
LABCORP HOLDINGS INC. · LH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P King
Officer — President & CEO · Director
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 3:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920148
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 3, 2015 | M | 50,000 | $80.37 | A | 131,153 | D | |
| Common StockF3,F2 | Aug 3, 2015 | S | 33,700 | $127.6816 | D | 97,453 | D | |
| Common StockF4,F2 | Aug 3, 2015 | S | 16,300 | $128.4339 | D | 81,153 | D | |
| Common StockF5 | holding | — | — | — | 24,383 | I | By grantor retained annuity trust | |
| Common StockF6 | holding | — | — | — | 19,046 | I | By grantor retained annuity trust |
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 OptionsF7,F8 | $80.37 | Aug 3, 2015 | M | 50,000 | D | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2Amount includes annuity payments made in shares of common stock from each of the reporting person's grantor retained annuity trusts to the reporting person in the amounts and on the dates indicated in notes 5 and 6 below.
- F3The price of $127.6816 per share represents a weighted average of sales prices ranging from $127.17 to $128.16 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- F4The price of $128.4339 per share represents a weighted average of sales prices ranging from $128.17 to $128.84 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- F5Amount reflects an annuity payment of 6,840 shares made by the trust to the reporting person on July 10, 2015.
- F6Amount reflects an annuity payment of 8,250 shares made by the trust to the reporting person on July 21, 2015.
- F7Employee stock option (right to buy) granted pursuant to the Laboratory Corporation of America Holdings 2000 Stock Incentive Plan.
- F8The option vested in three equal annual installments beginning on 2/20/2008 and is now fully exercisable.