Michael Willem Waters - May 31, 2024 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Stock symbol
TDOC
Transactions as of
May 31, 2024
Transactions value $
-$47,373
Form type
4
Date filed
6/4/2024, 04:06 PM
Previous filing
May 2, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDOC Common Stock Options Exercise +2.11K +3.26% 67K May 31, 2024 Direct F1
transaction TDOC Common Stock Options Exercise +6.2K +9.25% 73.2K May 31, 2024 Direct F2
transaction TDOC Common Stock Sale -$47.4K -4.25K -5.8% $11.16 68.9K Jun 3, 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 -2.11K -12.5% $0.00 14.8K May 31, 2024 Common Stock 2.11K Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -6.2K -12.5% $0.00 43.4K May 31, 2024 Common Stock 6.2K 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 25,357 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 74,405 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.