Daniel Trencher - 02 Mar 2022 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
SVP CORPORATE STRATEGY
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
02 Mar 2022
Net transactions value
-$126,219
Form type
4
Filing time
04 Mar 2022, 17:17:25 UTC
Previous filing
02 Mar 2022
Next filing
08 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDOC Common Stock Options Exercise +1,004 +4.3% 24,490 02 Mar 2022 Direct F1
transaction TDOC Common Stock Options Exercise +1,708 +7% 26,198 02 Mar 2022 Direct F2
transaction TDOC Common Stock Options Exercise +429 +1.6% 26,627 02 Mar 2022 Direct F2
transaction TDOC Common Stock Options Exercise +956 +3.6% 27,583 02 Mar 2022 Direct F1
transaction TDOC Common Stock Options Exercise +723 +2.6% 28,306 02 Mar 2022 Direct F2
transaction TDOC Common Stock Sale $126,219 -1,797 -6.3% $70.24 26,509 03 Mar 2022 Direct F3

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 TDOC Restricted Stock Units Options Exercise $0 -1,004 -50% $0.000000 1,004 02 Mar 2022 Common Stock 1,004 Direct F1, F4
transaction TDOC Performance Stock Units Options Exercise $0 -1,708 -50% $0.000000 1,706 02 Mar 2022 Common Stock 1,708 Direct F2, F5
transaction TDOC Performance Stock Units Award $0 +859 $0.000000 859 02 Mar 2022 Common Stock 859 Direct F6, F7, F8
transaction TDOC Performance Stock Units Options Exercise $0 -429 -50% $0.000000 430 02 Mar 2022 Common Stock 429 Direct F2, F9
transaction TDOC Restricted Stock Units Options Exercise $0 -956 -33% $0.000000 1,912 02 Mar 2022 Common Stock 956 Direct F1, F10
transaction TDOC Performance Stock Units Award $0 +2,168 $0.000000 2,168 02 Mar 2022 Common Stock 2,168 Direct F6, F11, F12
transaction TDOC Performance Stock Units Options Exercise $0 -723 -33% $0.000000 1,445 02 Mar 2022 Common Stock 723 Direct F2, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
F2 Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
F3 Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's restricted stock unit and performance stock unit awards.
F4 On March 2, 2020, the reporting person was granted 3,012 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F5 On March 2, 2021, the reporting person earned 5,120 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2021.
F6 Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F7 Performance award amount determined based on metrics in respect of the issuer's financial results over a two-year performance period ending in 2021.
F8 The performance stock units vest in two substantially equal annual installments beginning on March 2, 2022.
F9 On March 2, 2022, the reporting person earned 859 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2022.
F10 On March 2, 2021, the reporting person was granted 2,868 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F11 Performance award amount determined based on metrics in respect of the issuer's 2021 financial results
F12 The performance stock units vest in three substantially equal annual installments beginning on March 2, 2022.
F13 On March 2, 2022, the reporting person earned 2,168 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022.