WebMD Health Corp. 4
4 · WebMD Health Corp. · Filed Sep 18, 2013
Insider Transaction Report
Form 4
KENSICO CAPITAL MANAGEMENT CORP
10% Owner
Transactions
- Sale
Common Stock
2013-09-17$34.00/sh−572,301$19,458,234→ 5,117,187 total(indirect: By Investment Funds Named in Footnote)
Footnotes (3)
- [F1]Shares sold pursuant to a tender offer made by the Issuer to its shareholders.
- [F2]Represents 222,428 shares sold by Kensico Partners, L.P. and 349,873 shares sold by Kensico Associates, L.P.
- [F3]Kensico Capital Management Corp. ("KCM") is a registered investment adviser and serves as an investment adviser to Kensico Partners, L.P., Kensico Associates, L.P., Kensico Offshore Fund Master, Ltd., and Kensico Offshore Fund II Master, Ltd. (collectively, the "Investment Funds"). Thomas J. Coleman, who is a director of the Issuer, and Michael B. Lowenstein are Co-Presidents of KCM and may be deemed to be controlling persons of KCM. By virtue of these relationships, Messrs. Coleman and Lowenstein may be deemed to beneficially own the entire number of securities of the Issuer held by the Investment Funds; however, each disclaims beneficial ownership of any securities, and proceeds thereof, except to the extent of his pecuniary interest therein.