Sec Form 4 Filing - Trident Capital Management-VI, L.L.C. @ Teladoc, Inc. - 2017-01-24

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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Trident Capital Management-VI, L.L.C.
2. Issuer Name and Ticker or Trading Symbol
Teladoc, Inc. [ TDOC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
400 S EL CAMINO REAL, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
01/24/2017
(Street)
SAN MATEO, CA94402
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock 01/24/2017 S( 1 ) 240,666 D $ 15.79 4,430,396 I See Footnotes ( 2 ) ( 3 )
Common Stock 01/24/2017 S( 1 ) 9,334 D $ 15.79 171,830 I See Footnotes ( 2 ) ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Trident Capital Management-VI, L.L.C.
400 S EL CAMINO REAL, SUITE 300
SAN MATEO, CA94402
X
TRIDENT CAPITAL FUND VI LP
400 S EL CAMINO REAL, SUITE 300
SAN MATEO, CA94402
X
TRIDENT CAPITAL FUND VI PRINCIPALS FUND LLC
400 S EL CAMINO REAL, SUITE 300
SAN MATEO, CA94402
X
Signatures
/s/ Arneek Multani, a Managing Member of Trident Capital Management-VI, L.L.C. 01/26/2017
Signature of Reporting Person Date
/s/ Arneek Multani, a Managing Member of Trident Capital Management-VI, L.L.C., the General Partner of Trident Capital Fund-VI, L.P. 01/26/2017
Signature of Reporting Person Date
/s/ Arneek Multani, a Managing Member of Trident Capital Management-VI, L.L.C., the Managing Member of Trident Capital Fund-VI Principals Fund, L.L.C. 01/26/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Sale made in connection with the underwritten public offering by Teladoc, Inc. and certain selling stockholders of Teladoc, Inc.
( 2 )Trident Capital Management-VI, L.L.C. ("TCM VI") is the sole general partner of Trident Capital Fund-VI, L.P. ("Trident Fund VI") and the sole managing member of Trident Capital Fund-VI Principals Fund, L.L.C. ("Trident Principals VI"). Donald R. Dixon, Arneek Multani and John Moragne (collectively, the "Managing Members") are the managing members of TCM VI and, as such, may be deemed to have shared voting dispositive power with respect to the Issuer's securities held of record by each of Trident Fund VI and Trident Principals VI. Each of the entities and the Managing Members disclaims beneficial ownership of the securities reported herein, except to the extent of their respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the shares for purposes of Section 16 or for any other purpose.
( 3 )The reported securities are held directly by Trident Fund VI.
( 4 )The reported securities are held directly by Trident Principals VI.

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