David L Kemmerly, Amedisys Inc's See Remarks, recently cashed-in 3,125 options. The options were exercised at $27.35, while the disposals took place at $133.82 per share, on December 12, 2018. Kemmerly continues to hold 18,498 shares of the company. Kemmerly operates out of Baton Rouge, LA. Some additional info was provided as follows:
The total amount of shares beneficially owned includes 200 shares held in an employee stock purchase plan account.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.6701 to $133.90, inclusive. The reporting person undertakes to provide to Amedisys, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Comm
ission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
The information in this report is based on a plan statement dated as of September 30, 2018.
On May 1, 2015, the reporting person was granted an option to purchase 37,500 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2015, 2016, 2017 and 2018. The performance criteria for 2017 were met, resulting in vesting of the option as to 9,375 shares (the "2017 Tranche Options"), subject to additional time-based vesting as follows: one-third of the 2017 Tranche Options vested on May 1, 2018, one-third of the 2017 Tranche Options will vest on May 1, 2019 and one-third of the 2017 Tranche Options will vest on May 1, 2020, assuming the reporting person remains continuously employed by the Issuer on each such date, subject to certain pro-rated vesting provisions as provided in the award agreement for the stock option.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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