Richard J. Napolitano - 01 Sep 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
01 Sep 2023
Net transactions value
-$14,858
Form type
4
Filing time
06 Sep 2023, 16:16:12 UTC
Previous filing
05 Jun 2023
Next filing
26 Sep 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 +337 +4.3% 8,265 01 Sep 2023 Direct F1
transaction TDOC Common Stock Options Exercise +565 +6.8% 8,830 01 Sep 2023 Direct F1
transaction TDOC Common Stock Options Exercise +894 +10% 9,724 01 Sep 2023 Direct F1
transaction TDOC Common Stock Sale $14,858 -649 -6.7% $22.89 9,075 05 Sep 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 Restricted Stock Units Options Exercise $0 -337 -14% $0.000000 2,022 01 Sep 2023 Common Stock 337 Direct F1, F3
transaction TDOC Restricted Stock Units Options Exercise $0 -565 -14% $0.000000 3,390 01 Sep 2023 Common Stock 565 Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -894 -12% $0.000000 6,260 01 Sep 2023 Common Stock 894 Direct F1, F5
* 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 On March 1, 2022, the reporting person was granted 4,043 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.
F4 On April 1, 2022, the reporting person was granted 6,778 restricted stock units, vesting one-third on March 1, 2023, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F5 On June 1, 2022, the reporting person was granted 10,730 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.