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

Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
01 Dec 2023
Net transactions value
-$12,324
Form type
4
Filing time
05 Dec 2023, 16:08:19 UTC
Previous filing
26 Sep 2023
Next filing
02 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDOC Common Stock Options Exercise +337 +3.6% 9,794 01 Dec 2023 Direct F1
transaction TDOC Common Stock Options Exercise +565 +5.8% 10,359 01 Dec 2023 Direct F1
transaction TDOC Common Stock Options Exercise +894 +8.6% 11,253 01 Dec 2023 Direct F1
transaction TDOC Common Stock Sale $12,324 -652 -5.8% $18.90 10,601 04 Dec 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 -17% $0.000000 1,685 01 Dec 2023 Common Stock 337 Direct F1, F3
transaction TDOC Restricted Stock Units Options Exercise $0 -565 -17% $0.000000 2,825 01 Dec 2023 Common Stock 565 Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -894 -14% $0.000000 5,366 01 Dec 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.