Megan D. Bailey - Feb 6, 2024 Form 4 Insider Report for LABORATORY CORP OF AMERICA HOLDINGS (LH)

Role
EVP, Chief Strategy Officer
Signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Megan D. Bailey
Stock symbol
LH
Transactions as of
Feb 6, 2024
Transactions value $
-$25,279
Form type
4
Date filed
2/8/2024, 03:20 PM
Previous filing
May 9, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LH Common Stock Options Exercise +224 +183.61% 346 Feb 7, 2024 Direct F1
transaction LH Common Stock Tax liability -$19.5K -87 -25.14% $223.71 259 Feb 7, 2024 Direct F2
transaction LH Common Stock Options Exercise +67 +25.87% 326 Feb 7, 2024 Direct F1
transaction LH Common Stock Tax liability -$5.82K -26 -7.98% $223.71 300 Feb 7, 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 Award $0 +540 +10.07% $0.00 5.9K Feb 6, 2024 Common Stock 540 Direct F1, F3, F4
transaction LH Non-qualified Stock Options Award $0 +1.7K $0.00 1.7K Feb 6, 2024 Common Stock 1.7K $222.28 Direct F5, F6
transaction LH Restricted Stock Unit Options Exercise $0 -224 -3.79% $0.00 5.68K Feb 7, 2024 Common Stock 224 Direct F1, F7, F8
transaction LH Restricted Stock Unit Options Exercise $0 -67 -1.18% $0.00 5.61K Feb 7, 2024 Common Stock 67 Direct F1, F7, F8
* 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 vest in three equal annual installments beginning on February 6, 2025.
F4 This number reflects the aggregate number of Restricted Stock Units held by the reporting person. Amount includes an additional 556 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.
F5 Employee stock option (right to buy) granted pursuant to the Laboratory Corporation of America Holdings 2016 Omnibus Incentive Plan.
F6 The option vests in three equal annual installments beginning on the date reflected in this column.
F7 The Restricted Stock Units that have vested were part of a grant that vests in three equal annual installments beginning on February 7, 2024.
F8 This number reflects the aggregate number of Restricted Stock Units held by the reporting person.