Laizer Kornwasser - 31 May 2024 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
PRESIDENT, ENTERPRISE GROWTH
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
31 May 2024
Net transactions value
-$53,687
Form type
4
Filing time
04 Jun 2024, 16:06:29 UTC
Previous filing
02 May 2024
Next filing
05 Aug 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 +2,377 +2.8% 88,447 31 May 2024 Direct F1
transaction TDOC Common Stock Options Exercise +6,975 +7.9% 95,422 31 May 2024 Direct F2
transaction TDOC Common Stock Sale $53,687 -4,812 -5% $11.16 90,610 03 Jun 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 Options Exercise $0 -2,377 -12% $0.000000 16,642 31 May 2024 Common Stock 2,377 Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -6,975 -12% $0.000000 48,829 31 May 2024 Common Stock 6,975 Direct F2, F5
* 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 On March 1, 2024, the reporting person earned 28,527 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F5 On March 3, 2023, the reporting person was granted 83,705 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.