Richard M. Ashworth - Aug 14, 2025 Form 4 Insider Report for AMEDISYS INC (AMED)

Signature
/s/ Jennifer Guckert Griffin, pursuant to a power of attorney
Stock symbol
AMED
Transactions as of
Aug 14, 2025
Transactions value $
$0
Form type
4
Date filed
8/14/2025, 04:01 PM
Previous filing
Feb 19, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ashworth Richard M President and CEO, Director 3854 AMERICAN WAY , SUITE A, BATON ROUGE /s/ Jennifer Guckert Griffin, pursuant to a power of attorney 2025-08-14 0001617806

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMED Common Stock Disposed to Issuer -45.9K -28.68% 114K Aug 14, 2025 Direct F1
transaction AMED Common Stock Disposed to Issuer -114K -100% 0 Aug 14, 2025 Direct F2
transaction AMED Common Stock Options Exercise $0 +62.6K $0.00 62.6K Aug 14, 2025 Direct F3
transaction AMED Common Stock Disposed to Issuer -62.6K -100% 0 Aug 14, 2025 Direct F3
transaction AMED Common Stock Options Exercise $0 +39.9K $0.00 39.9K Aug 14, 2025 Direct F4, F5
transaction AMED Common Stock Disposed to Issuer -39.9K -100% 0 Aug 14, 2025 Direct F4, F5

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 AMED Restricted Stock Unit (Performance-Based Vesting) Options Exercise -62.6K -100% 0 Aug 14, 2025 Common Stock 62.6K Direct F3
transaction AMED Restricted Stock Unit (Performance-Based Vesting) Options Exercise -39.9K -100% 0 Aug 14, 2025 Common Stock 39.9K Direct F4, F5
transaction AMED Stock Option (Right to Buy) Disposed to Issuer -22.5K -100% 0 Aug 14, 2025 Common Stock 22.5K $79.82 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard M. Ashworth is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On August 14, 2025, UnitedHealth Group Incorporated ("UnitedHealth Group") acquired Amedisys, Inc. (the "Issuer") pursuant to that certain Agreement and Plan of Merger dated as of June 26, 2023 (as modified by the waiver, dated December 26, 2024, the "Merger Agreement") by and among the Issuer, UnitedHealth Group and Aurora Holdings Merger Sub Inc., a wholly owned subsidiary of UnitedHealth Group ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of UnitedHealth Group. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of common stock, par value $0.001 per share, of the Issuer (the "Common Stock") (other than certain excluded shares) automatically converted into the right to receive $101 per share in cash (the "Per Share Merger Consideration"), without interest and less any applicable withholding tax.
F2 Pursuant to the Merger Agreement, outstanding restricted stock units ("RSUs") of the Issuer were automatically converted into UnitedHealth Group RSUs, calculated by multiplying the number of Issuer RSUs by the quotient obtained by dividing the Per Share Merger Consideration by the volume-weighted average of the closing sale price per share of UnitedHealth Group common stock on each of the five full consecutive trading days ending on and including the third business day prior to the Merger closing date (the "Equity Award Exchange Ratio"), which continue to be subject to the same terms and conditions (including vesting and settlement terms) as were applicable to the Issuer RSUs.
F3 Reflects performance based restricted stock units ("PSUs") granted on April 12, 2023 which were originally scheduled to vest based on the achievement of certain performance criteria determined at the end of a three-year performance period. Pursuant to the Merger Agreement, PSUs of the Issuer were automatically converted into time-based vesting UnitedHealth Group RSUs, with the number of shares of UnitedHealth Group common stock subject to the UnitedHealth Group RSUs equal to (i) the number of shares of Common Stock underlying the Issuer PSUs based on target performance multiplied by (ii) the Equity Award Exchange Ratio. Except as described herein, the UnitedHealth Group RSUs will continue to be subject to the same terms and conditions as were applicable to the Issuer PSUs, and will vest on April 12, 2026.
F4 The PSUs were scheduled to cliff vest following a three-year performance period ending December 31, 2025 based on the Company's achievement of Adjusted EBITDA for 2023, as modified by the Company's three-year total shareholder return percentile rank compared to a pre-established comparator group (the "TSR Modifier"). On February 20, 2024, the Compensation Committee of the Issuer's Board of Directors certified achievement of 2023 Adjusted EBITDA performance at 127.23%, thereby resulting in the Reporting Person earning 39,850 PSUs. The amount reported represents 127.23% of the target number of PSUs originally awarded and assumes performance at target (100%) for the TSR Modifier pursuant to the terms of the Merger Agreement.
F5 Pursuant to the Merger Agreement, PSUs of the Issuer were automatically converted into time-based vesting UnitedHealth Group RSUs, with the number of shares of UnitedHealth Group common stock subject to the UnitedHealth Group RSUs equal to (i) the number of shares of Common Stock underlying the Issuer PSUs based on the amount actually earned for the 2023 Adjusted EBITDA performance measure and assuming target performance (100%) for the TSR Modifier, multiplied by (ii) the Equity Award Exchange Ratio. Except as described herein, the UnitedHealth Group RSUs will continue to be subject to the same terms and conditions as were applicable to the Issuer PSUs, and will vest on December 31, 2025.
F6 11,237 of the options are fully vested; the remaining 11,237 options are scheduled to vest on February 20, 2026.
F7 In connection with the Merger, stock option awards of the Issuer were automatically converted into an option to purchase a number of shares of common stock of UnitedHealth Group equal to the product of (i) the number of shares of Common Stock subject to the Issuer stock option multiplied by (ii) Equity Award Exchange Ratio, at an exercise price per share equal to (i) the exercise price of the Issuer stock option divided by (ii) the Equity Award Exchange Ratio. Except as described herein, the UnitedHealth Group options will continue to be subject to the same terms and conditions as were applicable to the existing Issuer stock option.