Claus Torp Jensen - 22 May 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role: CHIEF INNOVATION OFFICER
Signature: /s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol: TDOC
Transactions as of: 22 May 2023
Net transactions value: -$70,580
Form type: 4
Filing time: 24 May 2023, 16:06:14 UTC
Previous filing: 05 May 2023
Next filing: 05 Jun 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		+9,191	+68%		22,731	22 May 2023	Direct	F1
transaction	TDOC	Common Stock	Sale	$70,580	-2,888	-13%	$24.44	19,843	23 May 2023	Direct	F2

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	Performance Stock Units	Award	$0	+9,191		$0.000000	9,191	22 May 2023	Common Stock	9,191		Direct	F3, F4, F5
transaction	TDOC	Performance Stock Units	Options Exercise	$0	-9,191	-100%	$0.000000^*	0	22 May 2023	Common Stock	9,191		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance 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 performance stock unit awards.
F3	Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F4	Performance award amount determined based on the achievement of certain research and development targets over a two-year performance period.
F5	The performance stock units vested on May 22, 2023.
F6	On May 22, 2023, the reporting person earned 9,191 performance stock units, vesting on May 22, 2023.