Barbara P. Byrne - Apr 6, 2022 Form 4 Insider Report for SOC Telemed, Inc. (TLMD)

Role
Former Director
Signature
/s/ Eunice Kim, as Attorney-in-Fact
Stock symbol
TLMD
Transactions as of
Apr 6, 2022
Transactions value $
-$175,161
Form type
4
Date filed
4/7/2022, 04:13 PM
Previous filing
Oct 1, 2021
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLMD Class A Common Stock Disposed to Issuer -$175K -58.4K -100% $3.00 0 Apr 6, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Barbara P. Byrne is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On April 6, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 2, 2022, by and among SOC Telemed, Inc. (the "Issuer"), Spark Parent, Inc. ("Parent") and Spark Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a direct, wholly owned subsidiary of Parent, each share of the Issuer's Class A Common Stock (other than certain excluded shares) outstanding as of immediately prior to the effective time of the Merger (the "Effective Time") was canceled and automatically converted into the right to receive an amount in cash equal to $3.00 (the "Merger Consideration"), without any interest thereon and subject to any applicable withholding taxes.