Keith G. Myers - 22 Feb 2023 Form 4 Insider Report for LHC Group, Inc

Role
CEO and Chairman, Director
Signature
/s/ Maria Wiggins, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
22 Feb 2023
Net transactions value
-$136,814,640
Form type
4
Filing time
22 Feb 2023, 15:32:24 UTC
Previous filing
02 Feb 2023
Next filing
15 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LHCG Common Stock Disposed to Issuer $0 -98,766 -33% $0.000000 200,779 22 Feb 2023 Direct F1
transaction LHCG Common Stock Disposed to Issuer $34,132,430 -200,779 -100% $170.00 0 22 Feb 2023 Direct F2
transaction LHCG Common Stock Disposed to Issuer $102,682,210 -604,013 -100% $170.00 0 22 Feb 2023 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Keith G. Myers is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of issuer restricted common stock was disposed of pursuant to the merger agreement (the "Merger Agreement") between the issuer and UnitedHealth Group Incorporated ("UnitedHealth") in exchange for 0.3452973658492390 shares of UnitedHealth restricted common stock having a market value of $492.329269821954 per share as determined pursuant to the Merger Agreement, which shares of UnitedHealth restricted common stock shall continue to be governed by the same terms and conditions (including vesting terms) as were applicable to such shares of issuer restricted common stock.
F2 Each share of issuer common stock was cancelled pursuant to Merger Agreement in exchange for a cash payment equal to $170.00.
F3 The shares of common stock were held directly by K&G Family, LLC, of which Keith G. Myers is a manager.