STUART GARY D 4
4 · Emdeon Inc. · Filed Aug 17, 2009
Insider Transaction Report
Form 4
STUART GARY D
Exec. VP - Payer Services
Transactions
- Disposition to Issuer
Limited Liability Co. Interests and Class B Common Stock
2009-08-17$14.49/sh+51,537$746,771→ 206,148 total→ Class A Common Stock (51,537 underlying)
Footnotes (1)
- [F1]In accordance with the terms of EBS Master LLC's ("EBS Master") operating agreement, each limited liability company interest of EBS Master ("EBS Unit") (along with a corresponding share of the issuer's Class B common stock) is exchangeable at any time for one share of the issuer's Class A common stock, or at the election of EBS Master, cash equal to the fair market value of the EBS Unit. The EBS Units do not expire and the reporting person is not required to pay an exercise price in connection with exchanges. The Class B common stock provides the holder with one vote on all matters submitted to a vote of the issuer's stockholders but does not entitle the holder to any of the economic rights associated with shares of the issuer's Class A common stock.