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| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION
+--------+ Washington, D.C. 20549
[_] Check this box if
no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
to Section 16.
Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
obligations may Exchange Act of 1934, Section 17(a) of the
continue. See Public Utility Holding Company Act of 1935 or
Instruction 1(b). Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Mac Mahon, Thomas P.
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(Last) (First) (Middle)
c/o Laboratory Corporation of America
430 South Spring Street
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(Street)
Burlington, North Carolina 27215
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Laboratory Corporation of America Holdings ("LH")
3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)
4. Statement for Month/Year
March 2002
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
X Director ___ 10% Owner
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X Officer (give title below) ___ Other (specify below)
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Chairman of the Board, President and Chief Executive Officer
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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___ Form filed by More than One Reporting Person
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
of action action or Disposed of (D) Securities Form: of Indirect
Security Date Code (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Instr. 3) (Month/ (Instr. 8) Owned at or Indirect Ownership
Day/ ----------------------------------------------- End of (I)
Year) Month (Instr. 4) (Instr. 4)
Code V Amount (A) or (D) Price (Instr. 3 and 4)
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Common Stock (1) 3/01/02 M 37,733 A $20.625
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Common Stock (1) 3/01/02 S 2,733 D $ 81.23
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Common Stock (1) 3/01/02 S 5,000 D $ 81.30
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Common Stock (1) 3/01/02 S 5,000 D $ 81.35
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Common Stock (1) 3/01/02 S 11,200 D $ 81.50
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Common Stock (1) 3/01/02 S 5,400 D $ 81.40
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Common Stock (1) 3/01/02 S 3,400 D $ 81.41
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Common Stock (1) 3/01/02 S 5,000 D $ 81.45
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(1) Transactions indicated were pursuant to a plan in compliance with Rule 10b5-1 under the Securities Exchange Act of 1934.
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Table I-- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security 2. Transaction Data 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) Code or Disposed of (D) Securities Form: Direct Indirect
(Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial
Owned at End Indirect (I) Ownership
(Month/Day/Year) of Month (Instr. 4)
------------------------------------------ (Instr. 3 and 4)
Code V Amount (A) or (D) Price (Instr. 4)
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Common Stock(1) 3/15/02 S 28,300 D $ 90.40
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Common Stock(1) 3/15/02 S 10,000 D $ 91.00
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Common Stock(1) 3/15/02 S 1,300 D $ 90.30
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Common Stock(1) 3/15/02 S 300 D $ 90.27
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Common Stock(1) 3/15/02 S 100 D $ 90.26
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Common Stock(1) 3/15/02 S 6,800 D $ 90.05
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Common Stock(1) 3/15/02 S 1,600 D $ 90.00
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Common Stock(1) 3/15/02 S 1,600 D $ 89.88
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Common Stock(1) 3/18/02 S 5,000 D $ 90.00
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Common Stock(1) 3/18/02 S 5,000 D $ 90.42
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Common Stock(1) 3/18/02 S 5,000 D $ 90.05
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Common Stock(1) 3/18/02 S 10,000 D $ 90.70
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Common Stock(1) 3/18/02 S 5,000 D $ 91.00 342,306 D
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(1) Transactions indicated were pursuant to a plan in compliance with Rule 10b5-1 under the Securities Exchange Act of 1934.
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Table II-- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date 7. Title and
Derivative or Exercise Date Code Derivative Exercisable Amount of
Security Price of (Month/Day/ (Instr. 8) Securities and Expiration Underlying
(Inst. 3) Derivative Year) Acquired (A) Date Securities
Security or Disposed (Month/Day/Year (Instr. 3
of (D) and 4)
Instr. 3, 4
and 5)
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Amount or
Date Expiration Number of
Code V (A) (D) Exercisable Date Title Shares
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Employee Stock Common
Option (1)(2) $20.625 3/01/02 M 37,733 (3) 02/10/10 Stock 37,773
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8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Beneficially Securities Ownership
Owned at End Beneficially (Instr. 4)
of Month Owned at
(Instr. 4) End of Month
(Instr. 4)
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37,733 D
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Explanation of Responses:
(1) Common stock purchase option granted under the Amended and Restated 1999
Stock Incentive Plan.
(2) Transaction indicated was pursuant to a plan in compliance with Rule 10b5-1
under the Securities Exchange Act of 1934.
(3) Total option to purchase 113,200 shares vests in three approximately equal
installments on February 9, 2001, February 9, 2002 and February 9, 2003.
/s/ Bradford T. Smith
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**Signature of Reporting Person April 8, 2002
Bradford T. Smith, Attorney-in-Fact for -------------
Date
Thomas P. Mac Mahon
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).
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure