Paul B. K. Kusserow - 01 Feb 2023 Form 4 Insider Report for AMEDISYS INC (AMED)

Signature
/s/ Jennifer R. Guckert, pursuant to a power of attorney
Issuer symbol
AMED
Transactions as of
01 Feb 2023
Net transactions value
-$220,578
Form type
4
Filing time
03 Feb 2023, 15:36:32 UTC
Previous filing
10 Jan 2023
Next filing
28 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMED Common Stock Options Exercise $0 +5,777 +1.6% $0.000000 370,523 01 Feb 2023 Direct F1, F2, F3
transaction AMED Common Stock Tax liability $220,578 -2,274 -0.61% $97.00 368,249 01 Feb 2023 Direct F2, F3
holding AMED Common Stock 83,764 01 Feb 2023 By Trust
holding AMED Common Stock 621 01 Feb 2023 Through 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMED Restricted Stock Unit (Performance-Based Vesting) Options Exercise $0 -5,777 -100% $0.000000* 0 01 Feb 2023 Common Stock 5,777 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 6, 2022, the Reporting Person was awarded performance-based Restricted Stock Units ("RSUs") with vesting provisions based on certification of achievement of an identified performance measure for 2022. On February 1, 2023, the Compensation Committee of the Issuer's Board of Directors certified achievement of the Reporting Person's 2022 performance measure, thereby resulting in the Reporting Person earning 5,777 RSUs.
F2 On January 2, 2019, the Reporting Person was granted 73,638 RSUs subject to performance-based vesting based on achievement of identified performance goals for each of fiscal years 2019 through 2021 (1/3 of the RSUs were to vest based on achievement of the 2019 performance goal, 1/3 of the RSUs were to vest based on achievement of the 2020 performance goal and 1/3 of the RSUs were to vest based on achievement of the 2021 performance goal) provided that Mr. Kusserow did not incur a termination of employment prior to December 16, 2021. On February 12, 2020, the Compensation Committee certified achievement of the 2019 performance goal, and 24,546 RSUs were moved to Table I on such date. [Continued in footnote 3]
F3 [Continued from footnote 2]: On February 17, 2021, the Compensation Committee certified achievement of the 2020 performance goal, and 24,546 RSUs were moved to Table I on such date. On February 17, 2022, the Compensation Committee determined that the 2021 performance goal was not met, resulting in the forfeiture of the remaining RSUs, and the aggregate of the 49,092 earned RSUs were moved to Table I (a second time). As a result, such shares were inadvertently included twice in the total amounts reported in Column 5 on the Reporting Person's Form 4s filed on February 22, 2022, January 4, 2023 and January 10, 2023. This Form 4 reflects the corrected total beneficial ownership for the Reporting Person.
F4 The information in this report is based on a plan statement dated as of December 31, 2022.