Michael Willem Waters - 01 Aug 2023 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol: TDOC
Transactions as of: 01 Aug 2023
Transactions value $: -$522,741
Form type: 4
Filing time: 03 Aug 2023, 16:15:55
Previous filing: 07 Mar 2023
Next filing: 03 Nov 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		+45.3K			45.3K	01 Aug 2023	Direct	F1
transaction	TDOC	Common Stock	Sale	-$523K	-19.3K	-42.71%	$27.03	25.9K	02 Aug 2023	Direct	F2

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	-45.3K	-33.33%	$0.00	90.6K	01 Aug 2023	Common Stock	45.3K		Direct	F1, F3

* 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	On August 1, 2022, the reporting person was granted 135,833 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.