Sec Form 4 Filing - KING DAVID P @ LABORATORY CORP OF AMERICA HOLDINGS - 2018-03-23

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
KING DAVID P
2. Issuer Name and Ticker or Trading Symbol
LABORATORY CORP OF AMERICA HOLDINGS [ LH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
531 SOUTH SPRING STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/23/2018
(Street)
BURLINGTON, NC27215
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 03/23/2018 M( 1 ) 49,967 A $ 84.86 231,202.3298 D
Common Stock 03/23/2018 S( 1 ) 1,689 D $ 163.5805 ( 2 ) 229,513.3298 D
Common Stock 03/23/2018 S( 1 ) 36,265 D $ 164.5508 ( 3 ) 193,248.3298 D
Common Stock 03/23/2018 S( 1 ) 10,313 D $ 165.3891 ( 4 ) 182,935.3298 D
Common Stock 03/23/2018 S( 1 ) 1,700 D $ 166.3752 ( 5 ) 181,235.3298 D
Common Stock 27,811 I By grantor retained annuity trust
Common Stock 47,357 I By grantor retained annuity trust
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
Non-qualified Stock Options ( 6 ) $ 84.86 03/23/2018 M 49,967 05/24/2013( 7 ) 05/23/2022 Common Stock 49,967 $ 0 99,933 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KING DAVID P
531 SOUTH SPRING STREET
BURLINGTON, NC27215
X President & CEO
Signatures
/s/ F. Samuel Eberts III, Attorney-in-Fact for David P. King 03/27/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant to a plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.
( 2 )The price of $163.5805 per share represents a weighted average of sales prices ranging from $162.96 to $163.865 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
( 3 )The price of $164.5508 per share represents a weighted average of sales prices ranging from $163.995 to $164.98 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
( 4 )The price of $165.3891 per share represents a weighted average of sales prices ranging from $164.99 to $165.94 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
( 5 )The price of $166.3752 per share represents a weighted average of sales prices ranging from $166.089 to $166.80 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
( 6 )Employee stock option (right to buy) granted pursuant to the Laboratory Corporation of America Holdings 2016 Omnibus Incentive Plan.
( 7 )The option vested in three equal annual installments beginning on 05/24/2013 and is now fully exercisable.

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