Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LHCG | Common Stock | Disposed to Issuer | $0 | -71.5K | -60.89% | $0.00 | 45.9K | Feb 22, 2023 | Direct | F1 |
transaction | LHCG | Common Stock | Disposed to Issuer | -$7.81M | -45.9K | -100% | $170.00 | 0 | Feb 22, 2023 | Direct | F2 |
Joshua L. Proffitt is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
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. |