Form 4 for TDOC Teladoc Health, Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001415889-23-004099 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-03 | 2023-03-01+ | TDOC | GOREVIC JASON N | CEO, Dir | M - OptEx | — | +67.3K | 622.6K | +12% | — |
| D | 2023-03-03 | 2023-03-02 | TDOC | GOREVIC JASON N | CEO, Dir | S - Sale+OE | $25.36 | -8,262 | 580.7K | -1% | -$209.5K |
| DM | 2023-03-03 | 2023-03-01+ | TDOC | GOREVIC JASON N | CEO, Dir | M - OptEx | $0.00 | -67.3K | 5,782 | -92% | $0 |
| D | 2023-03-03 | 2023-03-02 | TDOC | GOREVIC JASON N | CEO, Dir | A - Grant | $0.00 | +5,828 | 5,828 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-02 | M | A | 15,476 | — | 605,240 | D | — | — | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-03-02 | M | A | 7,648 | — | 616,779 | D | — | — | (F1) Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2023-03-02 | M | A | 3,891 | — | 609,131 | D | — | — | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2023-03-02 | M | A | 2,913 | — | 625,474 | D | — | — | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. |
| 5 | Common | Common Stock | 2023-03-02 | M | A | 9,104 | — | 589,764 | D | — | — | (F1) Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. |
| 6 | Common | Common Stock | 2023-03-02 | S | D | 8,262 | $25.36 | 580,660 | D | — | — | (F3) Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's restricted stock unit awards. |
| 7 | Common | Common Stock | 2023-03-01 | M | A | 22,458 | — | 588,922 | D | — | — | (F1) Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. (F2) On March 19, 2021, the reporting person contributed 50,000 shares of TDOC common stock to the Jason N. Gorevic Grantor Retained Annuity Trust for the benefit of himself. Upon termination of the trust on June 6, 2022, 50,000 shares were previously distributed to the reporting person and continue to be reported in this Form 4 as directly owned. |
| 8 | Common | Common Stock | 2023-03-02 | M | A | 5,782 | — | 622,561 | D | — | — | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. |
| 9 | Derivative | Performance Stock Units | 2023-03-02 | M | D | 15,476 | $0.00 | 0 | D | — · — to — | 15,476 Common Stock | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. (F7) On March 2, 2021, the reporting person earned 46,430 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2021 |
| 10 | Derivative | Performance Stock Units | 2023-03-02 | M | D | 3,891 | $0.00 | 0 | D | — · — to — | 3,891 Common Stock | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. (F8) On March 2, 2022, the reporting person earned 7,784 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2022. |
| 11 | Derivative | Restricted Stock Units | 2023-03-02 | M | D | 7,648 | $0.00 | 7,648 | D | — · — to — | 7,648 Common Stock | (F1) Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. (F9) On March 2, 2021, the reporting person was granted 22,944 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. |
| 12 | Derivative | Performance Stock Units | 2023-03-02 | A | A | 5,828 | $0.00 | 5,828 | D | — · — to — | 5,828 Common Stock | (F12) Performance award amount determined based on metrics in respect of the issuer's financial results over a two-year performance period ending in 2022. (F11) Each performance stock unit represents a contingent right to receive one share of TDOC common stock. (F13) The performance stock units vest in two substantially equal annual installments beginning on March 2, 2023. |
| 13 | Derivative | Performance Stock Units | 2023-03-02 | M | D | 2,913 | $0.00 | 2,915 | D | — · — to — | 2,913 Common Stock | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. (F14) On March 2, 2023, the reporting person earned 5,828 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023. |
| 14 | Derivative | Restricted Stock Units | 2023-03-02 | M | D | 9,104 | $0.00 | 0 | D | — · — to — | 9,104 Common Stock | (F1) Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. (F6) On March 2, 2020, the reporting person was granted 27,311 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. |
| 15 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 22,458 | $0.00 | 44,918 | D | — · — to — | 22,458 Common Stock | (F1) Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. (F5) On March 1, 2022, the reporting person was granted 67,376 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. |
| 16 | Derivative | Performance Stock Units | 2023-03-02 | M | D | 5,782 | $0.00 | 5,782 | D | — · — to — | 5,782 Common Stock | (F4) Performance stock units convert to shares of TDOC common stock on a one-for-one basis. (F10) On March 2, 2022, the reporting person earned 17,346 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022. |