HLTH CORP 4
4 · HLTH CORP · Filed Oct 27, 2009
Insider Transaction Report
Form 4
HLTH CORPHLTH
FUNSTON MARK D
Executive VP and CFO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-10-23−180,000→ 0 totalExercise: $9.46Exp: 2018-12-10→ Common Stock (180,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2009-10-23−180,000→ 0 totalExercise: $11.60Exp: 2016-11-13→ Common Stock (180,000 underlying) - Disposition to Issuer
Common Stock
2009-10-23−72,500→ 0 total
Footnotes (5)
- [F1]Includes 42,500 shares of unvested Restricted Stock.
- [F2]Pursuant to the terms of the merger agreement ("Merger Agreement") between HLTH Corporation ("HLTH") and WebMD Health Corp. ("WebMD") dated June 17, 2009, each share of HLTH common stock was automatically converted into .4444 shares of WebMD common stock on the effective date of the merger.
- [F3]25% of the shares underlying the options vested or are scheduled to vest on each of the first, second, third, and fourth grant date anniversaries. The date of grant for each of these options was ten years prior to the expiration date.
- [F4]Pursuant to the terms of the Merger Agreement, this stock option was automatically assumed by WebMD on the effective date of the merger and replaced with an option to purchase 79,992 shares of WebMD common stock with an exercise price of $26.11 per share.
- [F5]Pursuant to the terms of the Merger Agreement, this stock option was automatically assumed by WebMD on the effective date of the merger and replaced with an option to purchase 79,992 shares of WebMD common stock with an exercise price of $21.29 per share.