4//SEC Filing
Caveney Brian J 4
Accession 0000920148-24-000024
CIK 0000920148other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 5:42 PM ET
Size
9.7 KB
Accession
0000920148-24-000024
Insider Transaction Report
Form 4
Caveney Brian J
EVP, Pres of ED, CMO & CSO
Transactions
- Tax Payment
Common Stock
2024-03-27$216.57/sh−5,061$1,096,061→ 27,881.043 total - Exercise/Conversion
Common Stock
2024-03-27+11,556→ 32,942.043 total - Exercise/Conversion
Restricted Stock Unit
2024-03-27−11,556→ 3,740 total→ Common Stock (11,556 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Laboratory Corporation of America Holdings ("Labcorp") Common Stock.
- [F2]Stock withholding to satisfy tax withholding obligations.
- [F3]As previously reported, in connection with the spin-off ("Spin-Off") of Fortrea Holdings Inc. ("Fortrea") by Labcorp, performance awards granted by Labcorp in 2021 for the 3-year performance period through December 31, 2023 (the "2021 PSA") were converted into time-vesting RSUs of Labcorp pursuant to the terms of the Employee Matters Agreement (the "EMA") by and between Labcorp and Fortrea. The 2021 PSA was converted into a number of time-vesting Labcorp RSUs, based on the degree of achievement of the performance criteria subject to the 2021 PSA prior to the Spin-Off and the final adjustment ratio applied to Labcorp equity awards in connection with the Spin-Off, calculated pursuant to the terms of the EMA, which fully vested on March 27, 2024.
- [F4]This number reflects the aggregate number of RSUs held by the reporting person.
Documents
Issuer
LABORATORY CORP OF AMERICA HOLDINGS
CIK 0000920148
Entity typeother
Related Parties
1- filerCIK 0001717915
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 5:42 PM ET
- Size
- 9.7 KB