Jensen Claus Torp 4
4 · Teladoc Health, Inc. · Filed May 24, 2023
Insider Transaction Report
Form 4
Jensen Claus Torp
Chief Innovation Officer
Transactions
- Award
Performance Stock Units
2023-05-22+9,191→ 9,191 total→ Common Stock (9,191 underlying) - Sale
Common Stock
2023-05-23$24.44/sh−2,888$70,580→ 19,843 total - Exercise/Conversion
Performance Stock Units
2023-05-22−9,191→ 0 total→ Common Stock (9,191 underlying) - Exercise/Conversion
Common Stock
2023-05-22+9,191→ 22,731 total
Footnotes (6)
- [F1]Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
- [F2]Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's performance stock unit awards.
- [F3]Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
- [F4]Performance award amount determined based on the achievement of certain research and development targets over a two-year performance period.
- [F5]The performance stock units vested on May 22, 2023.
- [F6]On May 22, 2023, the reporting person earned 9,191 performance stock units, vesting on May 22, 2023.