Statement of Changes in Beneficial Ownership (4)
September 21 2016 - 3:34PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Murphy Leif M.
|
2. Issuer Name
and
Ticker or Trading Symbol
TEAM HEALTH HOLDINGS INC.
[
TMH
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
President and CEO
|
(Last)
(First)
(Middle)
265 BROOKVIEW CENTRE WAY, SUITE 400
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/19/2016
|
(Street)
KNOXVILLE, TN 37919
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Restricted Stock Units
|
(1)
|
9/19/2016
|
9/19/2016
|
A
|
|
91996
|
|
(2)
|
9/19/2019
(2)
|
Common Stock
|
91996
|
$0
|
91996
|
D
|
|
Stock Options (Right to Buy)
|
$32.61
|
9/19/2016
|
9/19/2016
|
A
|
|
381346
|
|
(3)
|
9/19/2024
|
Common Stock
|
381346
|
$0
|
381346
|
D
|
|
Stock Options (Right to Buy)
|
$32.61
|
9/19/2016
|
9/19/2016
|
A
|
|
441955
|
|
(4)
|
9/19/2024
|
Common Stock
|
441955
|
$0
|
441955
|
D
|
|
Market Share Units
|
(5)
|
9/19/2016
|
9/19/2016
|
A
|
|
127345
(5)
|
|
(5)
|
9/19/2019
(5)
|
Common Stock
|
127345
|
$0
|
127345
|
D
|
|
Explanation of Responses:
|
(
1)
|
Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
|
(
2)
|
These restricted stock units will vest 50% on each of the second and third anniversaries of the September 19, 2016 grant date.
|
(
3)
|
These stock options will vest and become exercisable one-third on each of the first, second and third anniversaries of the September 19, 2016 grant date.
|
(
4)
|
These stock options will vest and become exercisable in three (3) equal installments upon the first dates, if any, occurring during the period commencing on the first (1st) anniversary of the September 19, 2016 grant date and ending on the fourth anniversary of the grant date upon which the average closing trading prices of a share of the Issuer's common stock over a consecutive 10-day trading period has equaled or exceeded 115%, 130% and 145%, respectively, of the fair market value of a share of the Issuer's common stock on the grant date.
|
(
5)
|
Each market share unit represents the right to receive, at settlement, the number of shares of common stock determined by applying a multiplier to the target number of shares vesting on the third anniversary of the September 19, 2016 grant date. The number of market share units reported represents the target number awarded on the grant date. The multiplier will range from 75% to 200%, and is based on the average closing trading price of a share of common stock over the twenty (20) consecutive day trading period immediately preceding the vesting date against the fair market value of a share on the grant date.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Murphy Leif M.
265 BROOKVIEW CENTRE WAY
SUITE 400
KNOXVILLE, TN 37919
|
X
|
|
President and CEO
|
|
Signatures
|
/s/ John R. Stair, attorney-in-fact for Mr. Murphy
|
|
9/21/2016
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Team Health Holdings Team Health Holdings, Inc. (delisted) (NYSE:TMH)
Historical Stock Chart
From Mar 2024 to Apr 2024
Team Health Holdings Team Health Holdings, Inc. (delisted) (NYSE:TMH)
Historical Stock Chart
From Apr 2023 to Apr 2024