4//SEC Filing
WebMD Health Corp. 4
Accession 0000947871-16-001754
CIK 0001326583operating
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 5:30 PM ET
Size
32.6 KB
Accession
0000947871-16-001754
Insider Transaction Report
Form 4
ADLER MARK J MD
Director
Transactions
- Exercise/Conversion
Common Stock
2016-12-07$30.16/sh+2,037$61,436→ 8,359 total - Tax Payment
Common Stock
2016-12-07$53.55/sh−10,124$542,140→ 13,671 total - Exercise/Conversion
Stock Option (right to buy)
2016-12-07−2,037→ 0 totalExercise: $30.16Exp: 2018-01-01→ Common Stock (2,037 underlying) - Exercise/Conversion
Stock Option (right to buy)
2016-12-07−13,200→ 0 totalExercise: $37.55Exp: 2022-01-01→ Common Stock (13,200 underlying) - Exercise/Conversion
Common Stock
2016-12-07$40.02/sh+13,200$528,264→ 20,413 total - Tax Payment
Common Stock
2016-12-07$53.81/sh−9,818$528,307→ 10,595 total - Sale
Common Stock
2016-12-07$53.37/sh−19,029$1,015,578→ 2,322 total - Exercise/Conversion
Stock Option (right to buy)
2016-12-07−13,200→ 0 totalExercise: $41.07Exp: 2018-01-01→ Common Stock (13,200 underlying) - Tax Payment
Common Stock
2016-12-07$53.64/sh−1,146$61,471→ 7,213 total - Exercise/Conversion
Common Stock
2016-12-07$38.49/sh+13,200$508,068→ 26,871 total - Exercise/Conversion
Common Stock
2016-12-07$37.55/sh+13,200$495,660→ 30,592 total - Tax Payment
Common Stock
2016-12-07$53.64/sh−9,241$495,687→ 21,351 total - Exercise/Conversion
Common Stock
2016-12-07$41.07/sh+13,200$542,124→ 23,795 total - Exercise/Conversion
Stock Option (right to buy)
2016-12-07−13,200→ 0 totalExercise: $40.02Exp: 2017-01-01→ Common Stock (13,200 underlying) - Exercise/Conversion
Stock Option (right to buy)
2016-12-07−13,200→ 0 totalExercise: $38.49Exp: 2020-01-01→ Common Stock (13,200 underlying) - Tax Payment
Common Stock
2016-12-07$53.60/sh−9,479$508,074→ 17,392 total
Footnotes (8)
- [F1]Mr. Adler received 891 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 2,037 shares of WebMD Common Stock, with the remaining 1,146 shares being retained by the issuer to pay the exercise price.
- [F2]Mr. Adler received 3,382 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,818 shares being retained by the issuer to pay the exercise price.
- [F3]Mr. Adler received 3,076 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 10,124 shares being retained by the issuer to pay the exercise price.
- [F4]Mr. Adler received 3,721 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,479 shares being retained by the issuer to pay the exercise price.
- [F5]Mr. Adler received 3,959 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,241 shares being retained by the issuer to pay the exercise price.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.29 to $53.53 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 (6) to this Form 4.
- [F7]25% of the shares underlying the option vested on the first anniversary of the grant date and 1/48 of the shares vested monthly thereafter over the next three-year period (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.
- [F8]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.
Documents
Issuer
WebMD Health Corp.
CIK 0001326583
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001326583
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 5:30 PM ET
- Size
- 32.6 KB