Filing Details

Accession Number:
0001209191-20-049679
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-04 21:07:52
Reporting Period:
2020-09-03
Accepted Time:
2020-09-04 21:07:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639225 Livongo Health Inc. LVGO Services-Computer Programming, Data Processing, Etc. (7370) 263542036
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1783060 Jennifer Schneider C/O Livongo Health, Inc.
150 West Evelyn Avenue, Suite 150
Mountain View CA 94041
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 Acquisiton 2020-09-03 60,266 $0.80 268,443 No 4 M Direct
Common Stock Disposition 2020-09-03 60,266 $124.50 208,177 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2020-09-03 60,266 $0.00 60,266 $0.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
524,602 2025-09-02 No 4 M Direct
Footnotes
  1. On August 5, 2020, the Issuer entered into an Agreement and Plan of Merger with Teladoc Health, Inc. ("Teladoc") and Tempranillo Merger Sub, Inc., a wholly-owned subsidiary of Teladoc ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Teladoc (the "Merger"). Pursuant to the terms of the Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2019 (the "Trading Plan"), all sales pursuant to the Trading Plan were automatically suspended following the public announcement of the Merger without any action by the reporting person, and the Trading Plan was subsequently terminated. The majority of shares sold and reported on this form are consistent with the number of shares that would have been sold by the reporting person pursuant to the Trading Plan had the Trading Plan not been suspended in connection with the Merger.
  2. Following the sales reported on this form, the reporting person continues to hold over 85% of the shares of the Issuer's common stock and vested stock options held immediately prior to such sales.
  3. One-fourth of the shares subject to the option vested on September 1, 2016 and 1/48 of the shares vest monthly thereafter.