Brian J. Caveney - Feb 2, 2024 Form 4 Insider Report for LABORATORY CORP OF AMERICA HOLDINGS (LH)

Role
EVP, Pres of ED, CMO & CSO
Signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Brian J. Caveney
Stock symbol
LH
Transactions as of
Feb 2, 2024
Transactions value $
-$36,776
Form type
4
Date filed
2/6/2024, 04:01 PM
Previous filing
Jul 5, 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 +495 +2.44% 20.8K Feb 2, 2024 Direct F1, F2
transaction LH Common Stock Tax liability -$36.8K -166 -0.8% $221.54 20.6K Feb 2, 2024 Direct F2, F3

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 -495 -3.33% $0.00 14.4K Feb 2, 2024 Common Stock 495 Direct F1, F4, F5
* 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 Amount includes 66.4341 shares acquired on May 31, 2023 and 44.8463 shares acquired on December 29, 2023 under the Laboratory Corporation of America Holdings 2016 Employee Stock Purchase Plan.
F3 Stock withholding to satisfy tax withholding obligations.
F4 The Restricted Stock Units vested in three equal annual installments beginning on February 2, 2022 and are now fully vested.
F5 This number reflects the aggregate number of Restricted Stock Units held by the reporting person. Amount includes an additional 253 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.