Trencher Daniel 4
4 · Teladoc Health, Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Trencher Daniel
SVP Corporate Strategy
Transactions
- Exercise/Conversion
Common Stock
2024-03-01+3,803→ 20,591 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−11,160→ 22,322 total→ Common Stock (11,160 underlying) - Exercise/Conversion
Common Stock
2024-03-01+364→ 20,955 total - Exercise/Conversion
Common Stock
2024-03-01+722→ 21,677 total - Exercise/Conversion
Common Stock
2024-03-01+1,179→ 22,856 total - Exercise/Conversion
Common Stock
2024-03-01+11,160→ 34,016 total - Exercise/Conversion
Common Stock
2024-03-01+956→ 34,972 total - Sale
Common Stock
2024-03-04$14.52/sh−6,780$98,418→ 28,192 total - Award
Performance Stock Units
2024-03-01+11,411→ 11,411 total→ Common Stock (11,411 underlying) - Exercise/Conversion
Performance Stock Units
2024-03-01−3,803→ 7,608 total→ Common Stock (3,803 underlying) - Exercise/Conversion
Performance Stock Units
2024-03-01−364→ 0 total→ Common Stock (364 underlying) - Exercise/Conversion
Performance Stock Units
2024-03-01−722→ 0 total→ Common Stock (722 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−1,179→ 4,717 total→ Common Stock (1,179 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−956→ 0 total→ Common Stock (956 underlying)
Footnotes (12)
- [F1]Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
- [F10]On March 1, 2022, the reporting person was granted 14,149 restricted stock units, vesting one-third on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- [F11]On March 3, 2023, the reporting person was granted 33,482 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- [F12]On March 2, 2021, the reporting person was granted 2,868 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
- [F2]Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
- [F3]Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's performance stock unit and restricted stock unit awards.
- [F4]Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
- [F5]Performance award amount determined based on metrics in respect of the issuer's 2023 financial results.
- [F6]The performance stock units vest as to one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- [F7]On March 1, 2024, the reporting person earned 11,411 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- [F8]On March 2, 2023, the reporting person earned 729 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.
- [F9]On March 2, 2022, the reporting person earned 2,168 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022.