| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TDOC | Common Stock | Options Exercise | +9.83K | +26.58% | 46.8K | May 22, 2024 | Direct | F1 | ||
| transaction | TDOC | Common Stock | Sale | -$117K | -9.83K | -21% | $11.90 | 37K | May 23, 2024 | Direct | F2 |
| 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 | -9.83K | -100% | $0.00* | 0 | May 22, 2024 | Common Stock | 9.83K | Direct | F3, F4 |
Karen L. Daniel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. |
| F2 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on September 15, 2023. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of TDOC common stock. |
| F4 | On May 25, 2023, the reporting person was granted 9,834 restricted stock units, vesting in full on May 22, 2024. |