Adam C. Vandervoort - 01 Mar 2024 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role: CHIEF LEGAL OFFICER, SECRETARY
Signature: /s/ Adam C. Vandervoort
Issuer symbol: TDOC
Transactions as of: 01 Mar 2024
Net transactions value: -$227,219
Form type: 4
Filing time: 05 Mar 2024, 16:09:54 UTC
Previous filing: 05 Dec 2023
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		+6,022	+26%		29,489	01 Mar 2024	Direct	F1
transaction	TDOC	Common Stock	Options Exercise		+730	+2.5%		30,219	01 Mar 2024	Direct	F1
transaction	TDOC	Common Stock	Options Exercise		+1,446	+4.8%		31,665	01 Mar 2024	Direct	F1
transaction	TDOC	Common Stock	Options Exercise		+1,881	+5.9%		33,546	01 Mar 2024	Direct	F2
transaction	TDOC	Common Stock	Options Exercise		+17,671	+53%		51,217	01 Mar 2024	Direct	F2
transaction	TDOC	Common Stock	Options Exercise		+1,912	+3.7%		53,129	01 Mar 2024	Direct	F2
transaction	TDOC	Common Stock	Sale	$227,219	-15,653	-29%	$14.52	37,476	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	Performance Stock Units	Award	$0	+18,067		$0.000000	18,067	01 Mar 2024	Common Stock	18,067		Direct	F4, F5, F6
transaction	TDOC	Performance Stock Units	Options Exercise	$0	-6,022	-33%	$0.000000	12,045	01 Mar 2024	Common Stock	6,022		Direct	F1, F7
transaction	TDOC	Performance Stock Units	Options Exercise	$0	-730	-100%	$0.000000^*	0	01 Mar 2024	Common Stock	730		Direct	F1, F8
transaction	TDOC	Performance Stock Units	Options Exercise	$0	-1,446	-100%	$0.000000^*	0	01 Mar 2024	Common Stock	1,446		Direct	F1, F9
transaction	TDOC	Restricted Stock Units	Options Exercise	$0	-1,881	-20%	$0.000000	7,524	01 Mar 2024	Common Stock	1,881		Direct	F2, F10
transaction	TDOC	Restricted Stock Units	Options Exercise	$0	-17,671	-33%	$0.000000	35,342	01 Mar 2024	Common Stock	17,671		Direct	F2, F11
transaction	TDOC	Restricted Stock Units	Options Exercise	$0	-1,912	-100%	$0.000000^*	0	01 Mar 2024	Common Stock	1,912		Direct	F2, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
F2	Restricted 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	Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F5	Performance award amount determined based on metrics in respect of the issuer's 2023 financial results.
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.
F7	On March 1, 2024, the reporting person earned 18,067 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F8	On March 2, 2023, the reporting person earned 1,457 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.
F9	On March 2, 2022, the reporting person earned 4,337 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022.
F10	On March 1, 2022, the reporting person was granted 22,571 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.
F11	On March 3, 2023, the reporting person was granted 53,013 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F12	On March 2, 2021, the reporting person was granted 5,736 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.