WebMD Health Corp. 4
4 · WebMD Health Corp. · Filed Nov 23, 2016
Insider Transaction Report
Form 4
Wamsley Douglas W
EVP, General Counsel & Sec.
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2016-11-22−60,000→ 15,000 totalExercise: $36.62Exp: 2021-07-23→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2016-11-22$36.62/sh+60,000$2,197,200→ 112,143 total - Tax Payment
Common Stock
2016-11-22$54.03/sh−14,481$782,408→ 72,025 total - Exercise/Conversion
Stock Option (right to buy)
2016-11-22−25,000→ 0 totalExercise: $13.15Exp: 2022-11-14→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2016-11-22$54.03/sh−50,637$2,735,917→ 61,506 total - Exercise/Conversion
Common Stock
2016-11-22$13.15/sh+25,000$328,750→ 86,506 total
Holdings
- 105(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Mr. Wamsley received 9,363 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 60,000 shares of WebMD Common Stock, with the remaining 50,637 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
- [F2]Mr. Wamsley received 10,519 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 25,000 shares of WebMD Common Stock, with the remaining 14,481 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
- [F3]25% of the shares underlying the options granted vested on each of the first, second, third and fourth anniversaries of the date of grant (fully vested on the 4th anniversary of the grant date). The date of grant was ten years prior to the expiration date.
- [F4]50% of the shares underlying the options granted vested on each of the first and second anniversaries of the date of grant (fully vested on the 2nd anniversary of the grant date). The date of grant was ten years prior to the expiration date.