Daniel Trencher - 01 Mar 2024 Form 4 Insider Report for Teladoc Health, Inc. (TDOC)

Role
CHIEF STRATEGY OFFICER
Signature
/s/ Adam C. Vandervoort, Attorney-in-Fact
Issuer symbol
TDOC
Transactions as of
01 Mar 2024
Transactions value $
-$98,418
Form type
4
Filing time
05 Mar 2024, 16:08:00 UTC
Previous filing
20 Feb 2024
Next filing
18 Mar 2024
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 +3.8K +22.65% 20.6K 01 Mar 2024 Direct F1
transaction TDOC Common Stock Options Exercise +364 +1.77% 21K 01 Mar 2024 Direct F1
transaction TDOC Common Stock Options Exercise +722 +3.45% 21.7K 01 Mar 2024 Direct F1
transaction TDOC Common Stock Options Exercise +1.18K +5.44% 22.9K 01 Mar 2024 Direct F2
transaction TDOC Common Stock Options Exercise +11.2K +48.83% 34K 01 Mar 2024 Direct F2
transaction TDOC Common Stock Options Exercise +956 +2.81% 35K 01 Mar 2024 Direct F2
transaction TDOC Common Stock Sale -$98.4K -6.78K -19.39% $14.52 28.2K 04 Mar 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 Award $0 +11.4K $0.00 11.4K 01 Mar 2024 Common Stock 11.4K Direct F4, F5, F6
transaction TDOC Performance Stock Units Options Exercise $0 -3.8K -33.33% $0.00 7.61K 01 Mar 2024 Common Stock 3.8K Direct F1, F7
transaction TDOC Performance Stock Units Options Exercise $0 -364 -100% $0.00* 0 01 Mar 2024 Common Stock 364 Direct F1, F8
transaction TDOC Performance Stock Units Options Exercise $0 -722 -100% $0.00* 0 01 Mar 2024 Common Stock 722 Direct F1, F9
transaction TDOC Restricted Stock Units Options Exercise $0 -1.18K -20% $0.00 4.72K 01 Mar 2024 Common Stock 1.18K Direct F2, F10
transaction TDOC Restricted Stock Units Options Exercise $0 -11.2K -33.33% $0.00 22.3K 01 Mar 2024 Common Stock 11.2K Direct F2, F11
transaction TDOC Restricted Stock Units Options Exercise $0 -956 -100% $0.00* 0 01 Mar 2024 Common Stock 956 Direct F2, F12
* 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 Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
F5 Performance award amount determined based on metrics in respect of the issuer's 2023 financial results.
F6 The performance stock units vest as to one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F7 On March 1, 2024, the reporting person earned 11,411 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F8 On March 2, 2023, the reporting person earned 729 performance stock units, vesting in two substantially equal annual installments beginning on March 2, 2023.
F9 On March 2, 2022, the reporting person earned 2,168 performance stock units, vesting in three substantially equal annual installments beginning on March 2, 2022.
F10 On March 1, 2022, the reporting person was granted 14,149 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.
F11 On March 3, 2023, the reporting person was granted 33,482 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
F12 On March 2, 2021, the reporting person was granted 2,868 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.