Adam H. Schechter - Feb 6, 2024 Form 4 Insider Report for LABORATORY CORP OF AMERICA HOLDINGS (LH)

Signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Adam H. Schechter
Stock symbol
LH
Transactions as of
Feb 6, 2024
Transactions value $
-$257,043
Form type
4
Date filed
2/8/2024, 03:27 PM
Previous filing
Feb 6, 2024
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LH Common Stock Options Exercise +3.25K +6.61% 52.4K Feb 7, 2024 Direct F1
transaction LH Common Stock Tax liability -$257K -1.15K -2.19% $223.71 51.3K 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 +13.4K +15.19% $0.00 101K Feb 6, 2024 Common Stock 13.4K Direct F1, F3, F4
transaction LH Non-qualified Stock Options Award $0 +41.4K $0.00 41.4K Feb 6, 2024 Common Stock 41.4K $222.28 Direct F5, F6
transaction LH Restricted Stock Unit Options Exercise $0 -3.25K -3.2% $0.00 98.2K Feb 7, 2024 Common Stock 3.25K Direct F1, F4, F7
* 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.
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.