Glenn A. Eisenberg - 02 Dec 2024 Form 4 Insider Report for LABCORP HOLDINGS INC. (LH)

Role
Executive Vice President
Signature
/s/ Sandra D. van der Vaart, Attorney-in-Fact for Glenn A. Eisenberg
Issuer symbol
LH
Transactions as of
02 Dec 2024
Net transactions value
-$330,497
Form type
4
Filing time
04 Dec 2024, 09:59:45 UTC
Previous filing
19 Aug 2024
Next filing
10 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LH Common Stock Options Exercise $1,867,138 +8,923 +29% $209.25 40,212 02 Dec 2024 Direct
transaction LH Common Stock Options Exercise $618,016 +2,788 +6.9% $221.67 43,000 02 Dec 2024 Direct
transaction LH Common Stock Sale $2,815,651 -11,711 -27% $240.43 31,289 02 Dec 2024 Direct F1

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 Non-qualified Stock Options Options Exercise $0 -8,923 -100% $0.000000 0 02 Dec 2024 Common Stock 8,923 $209.25 Direct F2, F3, F4
transaction LH Non-qualified Stock Options Options Exercise $0 -2,788 -33% $0.000000 5,577 02 Dec 2024 Common Stock 2,788 $221.67 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price of $240.4279 per share represents a weighted average of sales prices ranging from $240.015 to $240.94 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F2 Employee stock option (right to buy) granted pursuant to the Labcorp Holdings Inc. Amended and Restated 2016 Omnibus Incentive Plan.
F3 Represents amounts automatically adjusted based on the final adjustment ratio applied to equity awards in connection with the spin-off of Fortrea Holdings Inc. ("Fortrea") by Labcorp Holdings Inc. ("LHI"), calculated pursuant to the terms of the Employee Matters Agreement by and between LHI and Fortrea.
F4 The option vested in three equal annual installments beginning on the date reflected in this column.
F5 The option vests in three equal annual installments beginning on the date reflected in this column.