Steven J. Shulman - Apr 6, 2022 Form 4 Insider Report for SOC Telemed, Inc. (TLMD)

Role: Former Director
Signature: /s/ Eunice Kim, as Attorney-in-Fact
Stock symbol: TLMD
Transactions as of: Apr 6, 2022
Transactions value $: -$3,336,873
Form type: 4
Date filed: 4/7/2022, 04:29 PM
Previous filing: Feb 7, 2022
Next filing: Nov 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLMD	Class A Common Stock	Disposed to Issuer	-$3.34M	-1.11M	-100%	$3.00	0	Apr 6, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Steven J. Shulman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On April 6, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 2, 2022, by and among SOC Telemed, Inc. (the "Issuer"), Spark Parent, Inc. ("Parent") and Spark Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a direct, wholly owned subsidiary of Parent, each share of the Issuer's Class A Common Stock (other than certain excluded shares) outstanding as of immediately prior to the effective time of the Merger (the "Effective Time") was canceled and automatically converted into the right to receive an amount in cash equal to $3.00 (the "Merger Consideration"), without any interest thereon and subject to any applicable withholding taxes.
F2	Excludes 606,214 shares forfeited at the Effective Time in accordance with the Agreement and Plan of Merger, dated as of July 29, 2020, by and among the Issuer, Sabre Merger Sub I, Inc., Sabre Merger Sub II, LLC and Specialists On Call, Inc. and the letter agreement dated as of July 29, 2020, between the Issuer and HCMC Sponsor LLC.

Content

On April 6, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 2, 2022, by and among SOC Telemed, Inc. (the "Issuer"), Spark Parent, Inc. ("Parent") and Spark Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a direct, wholly owned subsidiary of Parent, each share of the Issuer's Class A Common Stock (other than certain excluded shares) outstanding as of immediately prior to the effective time of the Merger (the "Effective Time") was canceled and automatically converted into the right to receive an amount in cash equal to $3.00 (the "Merger Consideration"), without any interest thereon and subject to any applicable withholding taxes.

Excludes 606,214 shares forfeited at the Effective Time in accordance with the Agreement and Plan of Merger, dated as of July 29, 2020, by and among the Issuer, Sabre Merger Sub I, Inc., Sabre Merger Sub II, LLC and Specialists On Call, Inc. and the letter agreement dated as of July 29, 2020, between the Issuer and HCMC Sponsor LLC.