SEC Form 4 · accession 0001127602-17-027134
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
Sep 6, 2017
Accepted (ET)
Sep 7, 2017 · 3:35 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 Stock | Sep 6, 2017 | M | 44,687 | $90.74 | A | 258,753 | D | |
| Common StockF2 | Sep 6, 2017 | S | 37,187 | $156.7688 | D | 221,566 | D | |
| Common StockF3 | Sep 6, 2017 | S | 7,500 | $157.3363 | D | 214,066 | D | |
| Common Stock | holding | — | — | — | 9,042 | I | By grantor retained annuity trust | |
| Common Stock | holding | — | — | — | 31,601 | I | By grantor retained annuity trust | |
| Common Stock | holding | — | — | — | 1,014 | 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 OptionsF4,F5 | $90.74 | Sep 6, 2017 | M | 44,687 | D | Feb 9, 2012 | Feb 9, 2021 | Common Stock | 44,687 | 0 | D |
Explanation of responses
- F1Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2The price of $156.7688 per share represents a weighted average of sales prices ranging from $156.205 to $157.20 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.
- F3The price of $157.3363 per share represents a weighted average of sales prices ranging from $157.225 to $157.430 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.
- F4Employee stock option (right to buy) granted pursuant to the Laboratory Corporation of America Holdings 2008 Stock Incentive Plan.
- F5The option vested in three equal annual installments beginning on 02/09/2011 and is now fully exercisable.