Daniel Trencher - Mar 1, 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
SVP CORPORATE STRATEGY
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Stock symbol
TDOC
Transactions as of
Mar 1, 2023
Transactions value $
-$49,456
Form type
4
Date filed
3/3/2023, 03:14 PM
Previous filing
Feb 21, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDOC Common Stock Options Exercise +4.72K +23.11% 25.1K Mar 1, 2023 Direct F1
transaction TDOC Common Stock Sale -$49.5K -1.95K -7.76% $25.36 23.2K Mar 2, 2023 Direct F2
transaction TDOC Common Stock Options Exercise +1K +4.33% 24.2K Mar 2, 2023 Direct F1
transaction TDOC Common Stock Options Exercise +1.71K +7.06% 25.9K Mar 2, 2023 Direct F3
transaction TDOC Common Stock Options Exercise +430 +1.66% 26.3K Mar 2, 2023 Direct F3
transaction TDOC Common Stock Options Exercise +956 +3.63% 27.3K Mar 2, 2023 Direct F1
transaction TDOC Common Stock Options Exercise +723 +2.65% 28K Mar 2, 2023 Direct F3
transaction TDOC Common Stock Options Exercise +365 +1.3% 28.4K Mar 2, 2023 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 -4.72K -33.33% $0.00 9.43K Mar 1, 2023 Common Stock 4.72K Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -1K -100% $0.00* 0 Mar 2, 2023 Common Stock 1K Direct F1, F5
transaction TDOC Performance Stock Units Options Exercise $0 -1.71K -100% $0.00* 0 Mar 2, 2023 Common Stock 1.71K Direct F3, F6
transaction TDOC Performance Stock Units Options Exercise $0 -430 -100% $0.00* 0 Mar 2, 2023 Common Stock 430 Direct F3, F7
transaction TDOC Restricted Stock Units Options Exercise $0 -956 -50% $0.00 956 Mar 2, 2023 Common Stock 956 Direct F1, F8
transaction TDOC Performance Stock Units Options Exercise $0 -723 -50.03% $0.00 722 Mar 2, 2023 Common Stock 723 Direct F3, F9
transaction TDOC Performance Stock Units Award $0 +729 $0.00 729 Mar 2, 2023 Common Stock 729 Direct F10, F11, F12
transaction TDOC Performance Stock Units Options Exercise $0 -365 -50.07% $0.00 364 Mar 2, 2023 Common Stock 365 Direct F3, 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 Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's restricted stock unit awards.
F3 Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
F4 On March 1, 2022, the reporting person was granted 14,149 restricted stock units, vesting one-third on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F5 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.
F6 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.
F7 On March 2, 2022, the reporting person earned 859 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2022.
F8 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.
F9 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.
F10 Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F11 Performance award amount determined based on metrics in respect of the issuer's financial results over a two-year performance period ending in 2022.
F12 The performance stock units vest in two substantially equal annual installments beginning on March 2, 2023.
F13 On March 2, 2023, the reporting person earned 729 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.