Adam H. Schechter - Feb 2, 2024 Form 4 Insider Report for LABORATORY CORP OF AMERICA HOLDINGS (LH)

Role
President & CEO, Director
Signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Adam H. Schechter
Stock symbol
LH
Transactions as of
Feb 2, 2024
Transactions value $
-$182,106
Form type
4
Date filed
2/6/2024, 03:58 PM
Previous filing
Nov 17, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LH Common Stock Options Exercise +3.09K +6.6% 50K Feb 2, 2024 Direct F1
transaction LH Common Stock Tax liability -$182K -822 -1.64% $221.54 49.2K Feb 2, 2024 Direct F2

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 LH Restricted Stock Unit Options Exercise $0 -3.09K -3.39% $0.00 88.1K Feb 2, 2024 Common Stock 3.09K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the contingent right to receive one share of Laboratory Corporation of America Holdings Common Stock.
F2 Stock withholding to satisfy tax withholding obligations.
F3 The Restricted Stock Units vested in three equal annual installments beginning on February 2, 2022 and are now fully vested.
F4 This number reflects the aggregate number of Restricted Stock Units held by the reporting person. Amount includes an additional 1,364 Restricted Stock Units resulting from the final adjustment ratio calculated pursuant to the terms of the Employee Matters Agreement by and between Laboratory Corporation of America Holdings and Fortrea Holdings Inc.