Filing Details

Accession Number:
0000947871-14-000529
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-14 20:54:11
Reporting Period:
2014-08-13
Filing Date:
2014-08-14
Accepted Time:
2014-08-14 19:54:11
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
1576145 J David Schlanger C/O Webmd Health Corp.
111 Eighth Avenue
New York NY 10011
Chief Executive Officer 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 Acquisiton 2014-08-13 50,000 $23.61 133,071 No 4 M Direct
Common Stock Disposition 2014-08-13 37,696 $48.00 95,375 No 4 F Direct
Common Stock Acquisiton 2014-08-13 12,500 $22.40 107,875 No 4 M Direct
Common Stock Disposition 2014-08-13 9,272 $48.00 98,603 No 4 F Direct
Common Stock Acquisiton 2014-08-13 20,000 $13.15 118,603 No 4 M Direct
Common Stock Disposition 2014-08-13 12,969 $47.99 105,634 No 4 F Direct
Common Stock Disposition 2014-08-13 15,000 $47.81 90,634 No 4 S Direct
Common Stock Disposition 2014-08-14 17,563 $47.62 73,071 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2014-08-13 50,000 $0.00 50,000 $23.61
Common Stock Stock Option (Right to Buy) Disposition 2014-08-13 12,500 $0.00 12,500 $22.40
Common Stock Stock Option (Right to Buy) Disposition 2014-08-13 20,000 $0.00 20,000 $13.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2018-12-10 No 4 M Direct
12,500 2022-05-21 No 4 M Direct
20,000 2022-11-14 No 4 M Direct
Footnotes
  1. Mr. Schlanger received 12,304 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 37,696 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
  2. Mr. Schlanger received 3,228 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 12,500 shares of WebMD Common Stock, with the remaining 9,272 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
  3. Mr. Schlanger received 7,031 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 20,000 shares of WebMD Common Stock, with the remaining 12,969 shares being retained by the issuer to pay the exercise price and to satisfy the minimum tax withholding requirements arising from the exercise.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.656 to $47.962 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.58 to $47.66 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.
  6. 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.
  7. 25% of the shares underlying the option vest on each of the first, second, third and fourth anniversaries of the date of grant (fully vested on the 4th anniversary of the grant date). The date of grant for the options was ten years prior to the expiration date.
  8. 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.