Filing Details
- Accession Number:
- 0000947871-14-000520
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-13 19:26:12
- Reporting Period:
- 2014-08-11
- Filing Date:
- 2014-08-13
- Accepted Time:
- 2014-08-13 19:26:12
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1326583 | Webmd Health Corp. | WBMD | Services-Business Services, Nec (7389) | 202783228 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1230589 | L Steven Zatz | C/O Webmd Health Corp. 111 Eighth Avenue New York NY 10011 | President | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2014-08-11 | 6,978 | $47.92 | 105,078 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2014-08-12 | 50,000 | $23.61 | 155,078 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-08-12 | 38,833 | $47.75 | 116,245 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2014-08-12 | 40,000 | $13.15 | 156,245 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-08-12 | 27,195 | $47.75 | 129,050 | No | 4 | F | Direct | |
Common Stock | Disposition | 2014-08-12 | 20,000 | $47.77 | 109,050 | No | 4 | S | Direct | |
Common Stock | Disposition | 2014-08-12 | 39,929 | $47.67 | 69,121 | No | 4 | S | Direct | |
Common Stock | Disposition | 2014-08-13 | 5,000 | $47.75 | 64,121 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2014-08-12 | 50,000 | $0.00 | 50,000 | $23.61 |
Common Stock | Stock Option (Right to Buy) | Disposition | 2014-08-12 | 40,000 | $0.00 | 40,000 | $13.15 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2018-12-10 | No | 4 | M | Direct | |
40,000 | 2022-11-14 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 104 | Indirect | By 401(k) Plan |
Footnotes
- As reported on this Form 4, 6,978 shares of restricted stock that vested as of 8/11/2014 were withheld by WebMD Health Corp. in order to satisfy the minimum tax withholding requirement arising from the 8/11/2014 vesting.
- Mr. Zatz received 11,167 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 50,000 shares of WebMD Common Stock, with the remaining 38,833 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
- Mr. Zatz received 12,805 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 40,000 shares of WebMD Common Stock, with the remaining 27,195 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.57 to $47.96 inclusive. The reporting person undertakes to provide to WebMD Health Corp., any security holder of WebMD Health Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.30 to $48.025 inclusive. The reporting person undertakes to provide to WebMD Health Corp., any security holder of WebMD Health Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5) to this Form 4.
- 25% of the shares underlying the option vested on each of 3/31/2010, 3/31/2011, 3/31/2012 and 3/31/2013 (fully vested on 3/31/2013). The date of grant for the options was ten years prior to the expiration date.
- 50% of the shares underlying the option vest on each of the first and second anniversaries of the date of grant (fully vested on the 2nd anniversary of the grant date). The date of grant for the options was ten years prior to the expiration date.