Arnnon Geshuri - 01 Mar 2024 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
CHIEF PEOPLE OFFICER
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
01 Mar 2024
Net transactions value
-$88,664
Form type
4
Filing time
05 Mar 2024, 16:07:26 UTC
Previous filing
27 Feb 2024
Next filing
20 Mar 2024
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 +1,179 +4.2% 29,199 01 Mar 2024 Direct F1
transaction TDOC Common Stock Options Exercise +11,470 +39% 40,669 01 Mar 2024 Direct F1
transaction TDOC Common Stock Options Exercise +3,909 +9.6% 44,578 01 Mar 2024 Direct F2
transaction TDOC Common Stock Sale $88,664 -6,108 -14% $14.52 38,470 04 Mar 2024 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 -1,179 -20% $0.000000 4,717 01 Mar 2024 Common Stock 1,179 Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -11,470 -33% $0.000000 22,942 01 Mar 2024 Common Stock 11,470 Direct F1, F5
transaction TDOC Performance Stock Units Award $0 +11,728 $0.000000 11,728 01 Mar 2024 Common Stock 11,728 Direct F6, F7, F8
transaction TDOC Performance Stock Units Options Exercise $0 -3,909 -33% $0.000000 7,819 01 Mar 2024 Common Stock 3,909 Direct F2, F9
* 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 Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
F3 Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's performance stock unit and restricted stock unit awards.
F4 On March 1, 2022, the reporting person was granted 14,149 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 3, 2023, the reporting person was granted 34,412 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F6 Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F7 Performance award amount determined based on metrics in respect of the issuer's 2023 financial results.
F8 The performance stock units vest as to one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F9 On March 1, 2024, the reporting person earned 11,728 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.