Nikolaos P. Nanis - Dec 1, 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Stock symbol
TDOC
Transactions as of
Dec 1, 2023
Transactions value $
-$9,602
Form type
4
Date filed
12/5/2023, 04:06 PM
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDOC Common Stock Options Exercise +505 +0.8% 63.9K Dec 1, 2023 Direct F1
transaction TDOC Common Stock Options Exercise +894 +1.4% 64.8K Dec 1, 2023 Direct F1
transaction TDOC Common Stock Sale -$9.6K -508 -0.78% $18.90 64.3K Dec 4, 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 -505 -16.65% $0.00 2.53K Dec 1, 2023 Common Stock 505 Direct F1, F3
transaction TDOC Restricted Stock Units Options Exercise $0 -894 -14.28% $0.00 5.37K Dec 1, 2023 Common Stock 894 Direct F1, F4
transaction TDOC Restricted Stock Units Award $0 +26.4K $0.00 26.4K Dec 1, 2023 Common Stock 26.4K Direct F5, F6
* 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 6,064 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 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.
F5 Each restricted stock unit represents a contingent right to receive one share of TDOC common stock.
F6 One-third of the restricted stock units vest on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments thereafter.