WebMD Health Corp. 4
4 · WebMD Health Corp. · Filed Nov 30, 2016
Insider Transaction Report
Form 4
Glick Michael B
Exec VP and Co-General Counsel
Transactions
- Exercise/Conversion
Common Stock
2016-11-29$30.00/sh+20,000$600,000→ 35,727 total - Tax Payment
Common Stock
2016-11-29$53.52/sh−15,656$837,909→ 45,071 total - Exercise/Conversion
Common Stock
2016-11-29$13.15/sh+25,000$328,750→ 60,727 total - Sale
Common Stock
2016-11-29$53.50/sh−37,232$1,991,912→ 15,727 total - Exercise/Conversion
Stock Option (right to buy)
2016-11-29−20,000→ 0 totalExercise: $30.00Exp: 2021-09-21→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2016-11-29−25,000→ 0 totalExercise: $13.15Exp: 2022-11-14→ Common Stock (25,000 underlying)
Holdings
- 383(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.45 to $53.52 inclusive. The reporting person undertakes to provide to WebMD Health Corp., any security holder of WebMD Health Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]Mr. Glick received 9,344 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 15,656 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 option vested on the first, second, third and fourth grant date anniversaries (fully vested on the 4th anniversary of the grant date). The date of grant for this option was ten years prior to the expiration date.
- [F4]50% of the shares underlying the option vested on the first and second grant date anniversaries (fully vested on the 2nd anniversary of the grant date). The date of grant for this option was ten years prior to the expiration date.