Adam C. Vandervoort - 01 Mar 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
CHIEF LEGAL OFFICER, SECRETARY
Signature
/s/ Adam C. Vandervoort
Issuer symbol
TDOC
Transactions as of
01 Mar 2023
Net transactions value
-$98,328
Form type
4
Filing time
03 Mar 2023, 15:17:40 UTC
Previous filing
03 Jun 2022
Next filing
07 Mar 2023
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 +7,523 +63% 19,506 01 Mar 2023 Direct F1
transaction TDOC Common Stock Sale $98,328 -3,877 -20% $25.36 15,629 02 Mar 2023 Direct F2
transaction TDOC Common Stock Options Exercise +1,941 +12% 17,570 02 Mar 2023 Direct F1
transaction TDOC Common Stock Options Exercise +3,300 +19% 20,870 02 Mar 2023 Direct F3
transaction TDOC Common Stock Options Exercise +831 +4% 21,701 02 Mar 2023 Direct F3
transaction TDOC Common Stock Options Exercise +1,912 +8.8% 23,613 02 Mar 2023 Direct F1
transaction TDOC Common Stock Options Exercise +1,445 +6.1% 25,058 02 Mar 2023 Direct F3
transaction TDOC Common Stock Options Exercise +727 +2.9% 25,785 02 Mar 2023 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 Restricted Stock Units Options Exercise $0 -7,523 -33% $0.000000 15,048 01 Mar 2023 Common Stock 7,523 Direct F1, F4
transaction TDOC Restricted Stock Units Options Exercise $0 -1,941 -100% $0.000000* 0 02 Mar 2023 Common Stock 1,941 Direct F1, F5
transaction TDOC Performance Stock Units Options Exercise $0 -3,300 -100% $0.000000* 0 02 Mar 2023 Common Stock 3,300 Direct F3, F6
transaction TDOC Performance Stock Units Options Exercise $0 -831 -100% $0.000000* 0 02 Mar 2023 Common Stock 831 Direct F3, F7
transaction TDOC Restricted Stock Units Options Exercise $0 -1,912 -50% $0.000000 1,912 02 Mar 2023 Common Stock 1,912 Direct F1, F8
transaction TDOC Performance Stock Units Options Exercise $0 -1,445 -50% $0.000000 1,446 02 Mar 2023 Common Stock 1,445 Direct F3, F9
transaction TDOC Performance Stock Units Award $0 +1,457 $0.000000 1,457 02 Mar 2023 Common Stock 1,457 Direct F10, F11, F12
transaction TDOC Performance Stock Units Options Exercise $0 -727 -50% $0.000000 730 02 Mar 2023 Common Stock 727 Direct F3, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
F2 Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's restricted stock unit awards.
F3 Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
F4 On March 1, 2022, the reporting person was granted 22,571 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.
F5 On March 2, 2020, the reporting person was granted 5,824 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F6 On March 2, 2021, the reporting person earned 9,900 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2021.
F7 On March 2, 2022, the reporting person earned 1,661 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2022.
F8 On March 2, 2021, the reporting person was granted 5,736 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F9 On March 2, 2022, the reporting person earned 4,337 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022.
F10 Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F11 Performance award amount determined based on metrics in respect of the issuer's financial results over a two-year performance period ending in 2022.
F12 The performance stock units vest in two substantially equal annual installments beginning on March 2, 2023.
F13 On March 2, 2023, the reporting person earned 1,457 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.