Sec Form 4 Filing - Gerard Christopher @ AMEDISYS INC - 2020-02-12

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
Gerard Christopher
2. Issuer Name and Ticker or Trading Symbol
AMEDISYS INC [ AMED]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
3854 AMERICAN WAY, SUITE A
3. Date of Earliest Transaction (MM/DD/YY)
02/12/2020
(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 02/12/2020 M 8,090 A $ 0 27,976 D
Common Stock 02/12/2020 M 9,406 A $ 0 37,382 D
Common Stock 02/12/2020 F 1,062 D $ 198.81 36,320 D
Common Stock 02/12/2020 F 926 D $ 198.81 35,394 D
Common Stock 02/12/2020 A 1,509 ( 1 ) A $ 0 36,903 D
Common Stock 279 ( 2 ) I Through 401(k) Plan
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
Restricted Stock Units ( 3 ) 02/12/2020 M 8,090 ( 3 ) ( 3 ) Common Stock 8,090 $ 0 8,090 D
Restricted Stock Unit (Performance-Based Vesting) ( 4 ) 02/12/2020 M 4,721 ( 4 ) ( 4 ) Common Stock 4,721 $ 0 0 D
Stock Option (Right to Buy) $ 198.81 02/12/2020 A 3,597 ( 5 ) 02/12/2030 Common Stock 3,597 $ 0 3,597 D
Restricted Stock Unit (Performance-Based Vesting) ( 6 ) 02/12/2020 A 3,018 ( 6 ) ( 6 ) Common Stock 3,018 $ 0 3,018 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gerard Christopher
3854 AMERICAN WAY, SUITE A
BATON ROUGE, LA70816
Chief Operating Officer
Signatures
/s/ Jennifer R. Guckert, pursuant to a power of attorney 02/14/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Issuer awarded the Reporting Person 1,509 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 in equal, 25% installments on each of February 12, 2021, 2022, 2023 and 2024, provided that 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 RSUs.
( 2 )The information in this report is based on a plan statement dated as of December 31, 2019.
( 3 )The RSUs are subject to performance-based vesting and will vest (i) on the certification by the Compensation Committee of the Issuer's Board of Directors of the achievement of identified performance goals for fiscal years 2017 through 2020, respectively, and (ii) additional time-based vesting conditions (2017 Tranche: one-third on each of January 20, 2018, 2019 and 2020; 2018 Tranche: one-third on each of January 20, 2019, 2020 and 2021; 2019 Tranche: one-third on January 20, 2020, and two-thirds on January 20, 2021; 2020 Tranche: all on January 20, 2021), 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 RSUs. The performance criteria for fiscal year 2019 were met.
( 4 )On February 20, 2019, the Reporting Person was awarded performance-based RSUs with vesting provisions based on certification of achievement of an identified performance measure for 2019, with additional time-based vesting in equal 25% installments on each of the certification date and February 20, 2021, 2022 and 2023, assuming the Reporting Person remains continuously employed on the vesting date. The amount reported in a Form 4 filed on February 22, 2019 was 4,721 RSUs, which was the amount of shares payable at target performance; the Reporting Person was eligible to earn 50%-200% of the amount reported depending on the level of performance achieved. On February 12, 2020, the Compensation Committee of the Issuer's Board of Directors certified achievement of the 2019 performance measure at 199.2%, thereby resulting in the Reporting Person earning 9,406 RSUs, which are reported in Table I.
( 5 )The Stock Options are subject to time-based vesting conditions and will vest in equal, 25% installments on each of February 12, 2021, 2022, 2023 and 2024, provided that the Reporting Person remains continuously employed by the Issuer on each such date, subject to pro-rated vesting provisions as provided in the award agreement for the Stock Options.
( 6 )The performance-based RSUs will vest based on certification of achievement of an identified performance measure for 2020, with additional time-based vesting in equal 25% installments on each of the certification date and February 12, 2022, 2023 and 2024, assuming the Reporting Person remains continuously employed on the vesting date. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 50%-200% of the amount reported depending on the level of performance achieved.

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