Andrew Turitz - 01 Mar 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
SVP - CORPORATE DEVELOPMENT
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
01 Mar 2023
Net transactions value
-$45,677
Form type
4
Filing time
03 Mar 2023, 15:18:29 UTC
Previous filing
03 Jun 2022
Next filing
07 Mar 2023
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 +5,389 +36% 20,183 01 Mar 2023 Direct F1
transaction TDOC Common Stock Sale $45,677 -1,801 -8.9% $25.36 18,382 02 Mar 2023 Direct F2
transaction TDOC Common Stock Options Exercise +1,205 +6.6% 19,587 02 Mar 2023 Direct F1
transaction TDOC Common Stock Options Exercise +2,048 +10% 21,635 02 Mar 2023 Direct F3
transaction TDOC Common Stock Options Exercise +515 +2.4% 22,150 02 Mar 2023 Direct F3
transaction TDOC Common Stock Options Exercise +1,147 +5.2% 23,297 02 Mar 2023 Direct F1
transaction TDOC Common Stock Options Exercise +867 +3.7% 24,164 02 Mar 2023 Direct F3
transaction TDOC Common Stock Options Exercise +437 +1.8% 24,601 02 Mar 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 -5,389 -33% $0.000000 10,781 01 Mar 2023 Common Stock 5,389 Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -1,205 -100% $0.000000* 0 02 Mar 2023 Common Stock 1,205 Direct F1, F5
transaction TDOC Performance Stock Units Options Exercise $0 -2,048 -100% $0.000000* 0 02 Mar 2023 Common Stock 2,048 Direct F3, F6
transaction TDOC Performance Stock Units Options Exercise $0 -515 -100% $0.000000* 0 02 Mar 2023 Common Stock 515 Direct F3, F7
transaction TDOC Restricted Stock Units Options Exercise $0 -1,147 -50% $0.000000 1,148 02 Mar 2023 Common Stock 1,147 Direct F1, F8
transaction TDOC Performance Stock Units Options Exercise $0 -867 -50% $0.000000 867 02 Mar 2023 Common Stock 867 Direct F3, F9
transaction TDOC Performance Stock Units Award $0 +874 $0.000000 874 02 Mar 2023 Common Stock 874 Direct F10, F11, F12
transaction TDOC Performance Stock Units Options Exercise $0 -437 -50% $0.000000 437 02 Mar 2023 Common Stock 437 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 16,170 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 3,615 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 6,146 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2021.
F7 On March 2, 2022, the reporting person earned 1,030 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 3,442 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 2,602 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 874 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.