4//SEC Filing
TEAM HEALTH HOLDINGS INC. 4
Accession 0001127602-16-062956
CIK 0001082754operating
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 3:33 PM ET
Size
13.5 KB
Accession
0001127602-16-062956
Insider Transaction Report
Form 4
Murphy Leif M.
DirectorPresident and CEO
Transactions
- Award
Stock Options (Right to Buy)
2016-09-19+381,346→ 381,346 totalExercise: $32.61Exp: 2024-09-19→ Common Stock (381,346 underlying) - Award
Stock Options (Right to Buy)
2016-09-19+441,955→ 441,955 totalExercise: $32.61Exp: 2024-09-19→ Common Stock (441,955 underlying) - Award
Market Share Units
2016-09-19+127,345→ 127,345 totalExp: 2019-09-19→ Common Stock (127,345 underlying) - Award
Restricted Stock Units
2016-09-19+91,996→ 91,996 totalExp: 2019-09-19→ Common Stock (91,996 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]These restricted stock units will vest 50% on each of the second and third anniversaries of the September 19, 2016 grant date.
- [F3]These stock options will vest and become exercisable one-third on each of the first, second and third anniversaries of the September 19, 2016 grant date.
- [F4]These stock options will vest and become exercisable in three (3) equal installments upon the first dates, if any, occurring during the period commencing on the first (1st) anniversary of the September 19, 2016 grant date and ending on the fourth anniversary of the grant date upon which the average closing trading prices of a share of the Issuer's common stock over a consecutive 10-day trading period has equaled or exceeded 115%, 130% and 145%, respectively, of the fair market value of a share of the Issuer's common stock on the grant date.
- [F5]Each market share unit represents the right to receive, at settlement, the number of shares of common stock determined by applying a multiplier to the target number of shares vesting on the third anniversary of the September 19, 2016 grant date. The number of market share units reported represents the target number awarded on the grant date. The multiplier will range from 75% to 200%, and is based on the average closing trading price of a share of common stock over the twenty (20) consecutive day trading period immediately preceding the vesting date against the fair market value of a share on the grant date.
Documents
Issuer
TEAM HEALTH HOLDINGS INC.
CIK 0001082754
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001082754
Filing Metadata
- Form type
- 4
- Filed
- Sep 20, 8:00 PM ET
- Accepted
- Sep 21, 3:33 PM ET
- Size
- 13.5 KB