Arnnon Geshuri - Mar 1, 2024 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
CHIEF PEOPLE OFFICER
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Stock symbol
TDOC
Transactions as of
Mar 1, 2024
Transactions value $
-$88,664
Form type
4
Date filed
3/5/2024, 04:07 PM
Previous filing
Feb 27, 2024
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDOC Common Stock Options Exercise +1.18K +4.21% 29.2K Mar 1, 2024 Direct F1
transaction TDOC Common Stock Options Exercise +11.5K +39.28% 40.7K Mar 1, 2024 Direct F1
transaction TDOC Common Stock Options Exercise +3.91K +9.61% 44.6K Mar 1, 2024 Direct F2
transaction TDOC Common Stock Sale -$88.7K -6.11K -13.7% $14.52 38.5K Mar 4, 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 -1.18K -20% $0.00 4.72K Mar 1, 2024 Common Stock 1.18K Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -11.5K -33.33% $0.00 22.9K Mar 1, 2024 Common Stock 11.5K Direct F1, F5
transaction TDOC Performance Stock Units Award $0 +11.7K $0.00 11.7K Mar 1, 2024 Common Stock 11.7K Direct F6, F7, F8
transaction TDOC Performance Stock Units Options Exercise $0 -3.91K -33.33% $0.00 7.82K Mar 1, 2024 Common Stock 3.91K 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.