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

Reporting relationship: CHIEF FINANCIAL OFFICER
Issuer ticker: TDOC
Reported as of: 01 Mar 2024
Net transaction value: -$433,854
SEC form: 4
Accepted by SEC: 05 Mar 2024, 16:07:46 UTC
Prior SEC filing: 05 Dec 2023
Next SEC filing: 20 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Adam C. Vandervoort, Attorney-in-Fact

Key filing fact

Mala Murthy filed Form 4 for Teladoc Health, Inc. (TDOC) on 05 Mar 2024.

Key facts

This page summarizes Mala Murthy's Form 4 filing for Teladoc Health, Inc. (TDOC).
16 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 05 Mar 2024, 16:07.

Change

Previous filing in this sequence was filed on 05 Dec 2023.
Current net transaction value: -$433,854.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +10,565
Change %: +21%
Price
Shares after: 59,880
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F1

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +945
Change %: +1.6%
Price
Shares after: 60,825
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F1

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +1,878
Change %: +3.1%
Price
Shares after: 62,703
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F1

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +3,369
Change %: +5.4%
Price
Shares after: 66,072
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F2

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +2,044
Change %: +3.1%
Price
Shares after: 68,116
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F2

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +31,002
Change %: +46%
Price
Shares after: 99,118
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F2

TDOC transaction

Common Stock

Options Exercise

Transaction value
Shares: +2,486
Change %: +2.5%
Price
Shares after: 101,604
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F2

TDOC transaction

Common Stock

Sale

Transaction value: $433,854
Shares: -29,888
Change %: -29%
Price: $14.52
Shares after: 71,716
Date: 04 Mar 2024
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TDOC transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +31,696
Change %
Price: $0.000000
Shares after: 31,696
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,696
Exercise price
Footnotes: F4, F5, F6

TDOC transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -10,565
Change %: -33%
Price: $0.000000
Shares after: 21,131
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,565
Exercise price
Footnotes: F1, F7

TDOC transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -945
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 945
Exercise price
Footnotes: F1, F8

TDOC transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -1,878
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,878
Exercise price
Footnotes: F1, F9

TDOC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,369
Change %: -20%
Price: $0.000000
Shares after: 13,476
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,369
Exercise price
Footnotes: F2, F10

TDOC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,044
Change %: -17%
Price: $0.000000
Shares after: 10,220
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,044
Exercise price
Footnotes: F2, F11

TDOC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -31,002
Change %: -33%
Price: $0.000000
Shares after: 62,004
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,002
Exercise price
Footnotes: F2, F12

TDOC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,486
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,486
Exercise price
Footnotes: F2, F13

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 13 footnotes

Footnote F1

Performance stock units convert to shares of TDOC common stock on a one-for-one basis.

Footnote F2

Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.

Footnote 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.

Footnote F4

Each performance stock unit represents a contingent right to receive one share of TDOC common stock.

Footnote F5

Performance award amount determined based on metrics in respect of the issuer's 2023 financial results.

Footnote F6

The performance stock units vest as to one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.

Footnote F7

On March 1, 2024, the reporting person earned 31,696 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.

Footnote F8

On March 2, 2023, the reporting person earned 1,893 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.

Footnote F9

On March 2, 2022, the reporting person earned 5,637 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022.

Footnote F10

On March 1, 2022, the reporting person was granted 40,426 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.

Footnote F11

On June 1, 2022, the reporting person was granted 24,525 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.

Footnote F12

On March 3, 2023, the reporting person was granted 93,006 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.

Footnote F13

On March 2, 2021, the reporting person was granted 7,457 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.