Sec Form 4 Filing - Ashworth Richard M @ AMEDISYS INC - 2023-04-12

Insider filing report for Changes in Beneficial Ownership
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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
Ashworth Richard M
2. Issuer Name and Ticker or Trading Symbol
AMEDISYS INC [ AMED]
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)
3854 AMERICAN WAY , SUITE A
3. Date of Earliest Transaction (MM/DD/YY)
04/12/2023
(Street)
BATON ROUGE, LA70816
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 04/12/2023 A 31,321 ( 1 ) A $ 0 31,321 D
Common Stock 04/12/2023 A 15,661 ( 2 ) A $ 0 46,982 D
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
Stock Option (Right to Buy) $ 79.82 04/12/2023 A 33,711 ( 3 ) 04/12/2033 Common Stock 33,711 $ 0 33,711 D
Restricted Stock Unit (Performance-Based Vesting) ( 4 ) 04/12/2023 A 31,321 ( 4 ) ( 4 ) Common Stock 31,321 $ 0 31,321 D
Restricted Stock Unit (Performance-Based Vesting) ( 5 ) 04/12/2023 A 62,641 ( 5 ) ( 5 ) Common Stock 62,641 $ 0 62,641 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ashworth Richard M
3854 AMERICAN WAY , SUITE A
BATON ROUGE, LA70816
X President and CEO
Signatures
/s/ Jennifer Guckert Griffin, pursuant to a power of attorney 04/14/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Issuer awarded the Reporting Person 31,321 time-based restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock, and will vest on April 12, 2024, provided that the Reporting Person remains continuously employed by the Issuer on such date.
( 2 )The Issuer awarded the Reporting Person 15,661 time-based RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock, and will vest in equal, 1/3 installments on each of February 20, 2024, 2025 and 2026, provided that the Reporting Person remains continuously employed by the Issuer on each such date.
( 3 )The Stock Options are subject to time-based vesting conditions and will vest in equal, 1/3 installments on each of February 20, 2024, 2025 and 2026, provided that the Reporting Person remains continuously employed by the Issuer on each such date.
( 4 )The performance-based RSUs will cliff vest following a three-year performance period ending December 31, 2025 based on the Company's achievement of a pre-established performance measure for 2023, as modified by the Company's three-year total shareholder return percentile rank compared to a pre-established comparator group. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 0% to 200% of the amount reported depending on the level of performance achieved.
( 5 )The performance-based RSUs will vest based on the Company's achievement of a pre-established performance measure over a three-year performance period, and the amount earned based on the level of performance achieved will cliff vest on April 12, 2028, assuming the Reporting Person remains continuously employed by the Issuer on such date. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 0% to 300% of the amount reported depending on the level of performance achieved.

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).
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