Filing Details

Accession Number:
0000947871-16-001754
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-08 17:30:40
Reporting Period:
2016-12-07
Filing Date:
2016-12-08
Accepted Time:
2016-12-08 17:30:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1326583 Webmd Health Corp. WBMD () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230587 Md J Mark Adler C/O Webmd Health Corp.,
395 Hudson Street
New York NY 10014
Yes No 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 2016-12-07 2,037 $30.16 8,359 No 4 M Direct
Common Stock Disposition 2016-12-07 1,146 $53.64 7,213 No 4 F Direct
Common Stock Acquisiton 2016-12-07 13,200 $40.02 20,413 No 4 M Direct
Common Stock Disposition 2016-12-07 9,818 $53.81 10,595 No 4 F Direct
Common Stock Acquisiton 2016-12-07 13,200 $41.07 23,795 No 4 M Direct
Common Stock Disposition 2016-12-07 10,124 $53.55 13,671 No 4 F Direct
Common Stock Acquisiton 2016-12-07 13,200 $38.49 26,871 No 4 M Direct
Common Stock Disposition 2016-12-07 9,479 $53.60 17,392 No 4 F Direct
Common Stock Acquisiton 2016-12-07 13,200 $37.55 30,592 No 4 M Direct
Common Stock Disposition 2016-12-07 9,241 $53.64 21,351 No 4 F Direct
Common Stock Disposition 2016-12-07 19,029 $53.37 2,322 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 M Direct
No 4 F Direct
No 4 M Direct
No 4 F 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 2016-12-07 2,037 $0.00 2,037 $30.16
Common Stock Stock Option (right to buy) Disposition 2016-12-07 13,200 $0.00 13,200 $40.02
Common Stock Stock Option (right to buy) Disposition 2016-12-07 13,200 $0.00 13,200 $41.07
Common Stock Stock Option (right to buy) Disposition 2016-12-07 13,200 $0.00 13,200 $38.49
Common Stock Stock Option (right to buy) Disposition 2016-12-07 13,200 $0.00 13,200 $37.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-01-01 No 4 M Direct
0 2017-01-01 No 4 M Direct
0 2018-01-01 No 4 M Direct
0 2020-01-01 No 4 M Direct
0 2022-01-01 No 4 M Direct
Footnotes
  1. Mr. Adler received 891 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 2,037 shares of WebMD Common Stock, with the remaining 1,146 shares being retained by the issuer to pay the exercise price.
  2. Mr. Adler received 3,382 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,818 shares being retained by the issuer to pay the exercise price.
  3. Mr. Adler received 3,076 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 10,124 shares being retained by the issuer to pay the exercise price.
  4. Mr. Adler received 3,721 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,479 shares being retained by the issuer to pay the exercise price.
  5. Mr. Adler received 3,959 shares of WebMD Common Stock upon net share settlement of his exercise of options to purchase 13,200 shares of WebMD Common Stock, with the remaining 9,241 shares being retained by the issuer to pay the exercise price.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.29 to $53.53 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 (6) to this Form 4.
  7. 25% of the shares underlying the option vested on the first anniversary of the grant date and 1/48 of the shares vested monthly thereafter over the next three-year period (fully vested on the 4th anniversary of the grant date). The date of grant for this option was ten years prior to the expiration date.
  8. 25% of the shares underlying the options vested or are scheduled to vest on each of the first, second, third and fourth grant date anniversaries. The date of grant for each of these options was ten years prior to the expiration date.