SHULMAN STEVEN J 4
4 · SOC Telemed, Inc. · Filed Apr 7, 2022
Insider Transaction Report
Form 4
SHULMAN STEVEN J
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2022-04-06$3.00/sh−1,112,291$3,336,873→ 0 total
Footnotes (2)
- [F1]On April 6, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 2, 2022, by and among SOC Telemed, Inc. (the "Issuer"), Spark Parent, Inc. ("Parent") and Spark Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a direct, wholly owned subsidiary of Parent, each share of the Issuer's Class A Common Stock (other than certain excluded shares) outstanding as of immediately prior to the effective time of the Merger (the "Effective Time") was canceled and automatically converted into the right to receive an amount in cash equal to $3.00 (the "Merger Consideration"), without any interest thereon and subject to any applicable withholding taxes.
- [F2]Excludes 606,214 shares forfeited at the Effective Time in accordance with the Agreement and Plan of Merger, dated as of July 29, 2020, by and among the Issuer, Sabre Merger Sub I, Inc., Sabre Merger Sub II, LLC and Specialists On Call, Inc. and the letter agreement dated as of July 29, 2020, between the Issuer and HCMC Sponsor LLC.