Glenn A. Eisenberg - 01 Nov 2022 Form 4 Insider Report for LABORATORY CORP OF AMERICA HOLDINGS (LH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Nov 2022, 17:04:30 UTC
Prior SEC filing
28 Sep 2022
Next SEC filing
06 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Glenn A. Eisenberg

Key filing fact

Glenn A. Eisenberg filed Form 4 for LABORATORY CORP OF AMERICA HOLDINGS (LH) on 03 Nov 2022.

Key facts

  • This page summarizes Glenn A. Eisenberg's Form 4 filing for LABORATORY CORP OF AMERICA HOLDINGS (LH).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Nov 2022, 17:04.

Change

  • Previous filing in this sequence was filed on 28 Sep 2022.
  • Current net transaction value: -$1,190,251.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LH transaction

Common Stock

Options Exercise

Transaction value
Shares
+12,032
Change %
+44%
Price
Shares after
39,190
Date
01 Nov 2022
Ownership
Direct
Footnotes
F1
LH transaction

Common Stock

Tax liability

Transaction value
$1,190,251
Shares
-5,348
Change %
-14%
Price
$222.56
Shares after
33,842
Date
01 Nov 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LH transaction Derivative

Performance Share Unit

Award

Transaction value
$0
Shares
+9,170
Change %
Price
$0.000000
Shares after
9,170
Date
01 Nov 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,170
Exercise price
Footnotes
F3, F4, F5
LH transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+9,170
Change %
+55%
Price
$0.000000
Shares after
25,876
Date
01 Nov 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,170
Exercise price
Footnotes
F1, F6
LH transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-12,032
Change %
-46%
Price
$0.000000
Shares after
13,844
Date
01 Nov 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,032
Exercise price
Footnotes
F1, F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Each Restricted Stock Unit represents the contingent right to receive one share of Laboratory Corporation of America Holdings Common Stock.

Footnote F2

Stock withholding to satisfy tax withholding obligations.

Footnote F3

Performance Share Unit granted pursuant to the Laboratory Corporation of America Holdings 2016 Omnibus Incentive Plan.

Footnote F4

Each Performance Share Unit represents the contingent right to receive one share of Laboratory Corporation of America Holdings Common Stock.

Footnote F5

The Performance Share Units vest in full upon the filing of the Company's Quarterly Report on Form 10-Q for the first quarter of 2024, subject to both continued service and a performance condition related to the Issuer's contemplated spin-off transaction.

Footnote F6

The Restricted Stock Units vest in full on April 15, 2024.

Footnote F7

The Restricted Stock Units that have vested were part of a grant that vested in three installments as follows: 30% of the Restricted Stock Units vested on November 1, 2020; 30% of the Restricted Stock Units vested on November 1, 2021; and 40% of the Restricted Stock Units vested on November 1, 2022, with the third installment subject to a relative total shareholder return ("TSR") modifier that could have adjusted the third installment of the Restricted Stock Units upward or downward 25% based on our three-year cumulative relative TSR but ultimately did not result in an adjustment.

Footnote F8

This number reflects the aggregate number of Restricted Stock Units held by the reporting person.

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