Waters Michael Willem 4
4 · Teladoc Health, Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Waters Michael Willem
CHIEF OPERATING OFFICER
Transactions
- Exercise/Conversion
Common Stock
2024-03-01+8,452→ 47,022 total - Exercise/Conversion
Common Stock
2024-03-01+24,801→ 71,823 total - Sale
Common Stock
2024-03-04$14.52/sh−12,468$180,985→ 59,355 total - Award
Performance Stock Units
2024-03-01+25,357→ 25,357 total→ Common Stock (25,357 underlying) - Exercise/Conversion
Performance Stock Units
2024-03-01−8,452→ 16,905 total→ Common Stock (8,452 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−24,801→ 49,604 total→ Common Stock (24,801 underlying)
Footnotes (8)
- [F1]Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
- [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 25,357 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- [F8]On March 3, 2023, the reporting person was granted 74,405 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.