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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*
Smith, Bradford T.
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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)
___ Director ___ 10% Owner
X Officer (give title below) ___ Other (specify below)
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Executive Vice President, Chief Legal Officer and Secretary
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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
of action action or Disposed of (D) Securities Form: 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 6,800 A $ 20.625
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Common Stock (1) 3/01/02 M 1,800 A $ 20.625
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Common Stock (1) 3/01/02 S 1,000 D $ 81.23
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Common Stock (1) 3/01/02 S 200 D $ 81.42
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Common Stock (1) 3/01/02 S 800 D $ 81.30
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Common Stock (1) 3/01/02 S 1,000 D $ 81.35
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Common Stock (1) 3/01/02 S 1,000 D $ 81.50
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Common Stock (1) 3/01/02 S 2,000 D $ 81.41
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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 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
of Date Code or Disposed of (D) Securities Form: Indirect
Security (Month/Day/ (Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Instr. 3) Year) Owned at End of or Indirect Ownership
Month (I)
(Instr. 3 and 4) (Instr. 4) (Instr. 4)
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Code V Amount (A) or (D) Price
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Common Stock(1) 3/01/02 S 2,600 D $ 81.40
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Common Stock(1) 3/14/02 M 23,334 A $66.125
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Common Stock(1) 3/14/02 M 5,000 A $ 65.00
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Common Stock(1) 3/14/02 M 1,000 A $ 65.00
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Common Stock(1) 3/14/02 S 24,334 D $ 90.00
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Common Stock(1) 3/14/02 S 5,000 D $ 90.03
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Common Stock(1) 3/15/02 S 5,000 D $ 90.20
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Common Stock(1) 3/15/02 S 5,000 D $ 91.00
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Common Stock(1) 3/15/02 S 5,000 D $ 90.39
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Common Stock(1) 3/15/02 S 100 D $ 89.88
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Common Stock(1) 3/15/02 S 3,900 D $ 89.81
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Common Stock(1) 3/15/02 S 100 D $ 90.76
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Common Stock(1) 3/15/02 S 6,900 D $ 90.75
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Common Stock(1) 3/15/02 S 1,000 D $ 89.85 108,376.5270 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 Derivative 2. Conversion 3. Transaction 4. Transaction 5. Number of Derivative
Security (Instr. 3) or Exercise Date Code Securities Acquired (A)
Price of (Month/Day/ (Instr. 8) or Disposed of (D)
Derivative Year) (Instr. 3, 4 and 5)
Security
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Code V (A) (D)
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Employee Stock
Option (1)(2) $20.625 3/01/02 M 6,800
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Employee Stock
Option (4)(2) $20.625 3/01/02 M 1,800
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Employee Stock
Option (6)(2) $66.125 3/14/02 M 23,334
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Employee Stock
Option (8)(2) $65.00 3/14/02 M 5,000
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Employee Stock
Option (10)(2) $65.00 3/14/02 M 1,000
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6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Nature
cisable and Underlying Securities of of Deriv- ship of In-
Expiration (Instr. 3 and 4) Deriv- ative Form direct
Date ative Secur- of De- Bene-
(Month/Day/ Secur- ities rivative ficial
Year) ity Bene- Securities Ownership
(Instr. ficially Bene- (Instr.
- ---------------------------------------------- 5) Owned ficially 4)
Date Expira- Amount or at End Owned at
Exer- tion Title Number of of End of
cisable Date Shares Month Month
(Instr. 4) (Instr. 4)
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Common
(3) 02/10/10 Stock 6,800 6,800 D
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Common
(5) 02/10/10 Stock 1,800 1,800 D
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Common
(7) 02/06/11 Stock 23,334 46,666 D
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Common
(9) 05/08/05 Stock 5,000 0
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Common
(11) 06/28/05 Stock 1,000 0
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Explanation of Responses:
(1) Common stock purchase option granted under the Amended and Restated 1999
Stock Incentive Plan.
(2) Transactions indicated were pursuant to a plan in compliance with Rule
10b5-1 under the Securities Exchange Act of 1934.
(3) Total option to purchase 20,400 shares vests in three equal installments on
February 9, 2001, February 9, 2002 and February 9, 2003.
(4) Common stock purchase option granted under the Laboratory Corporation of
America Holdings 1994 Stock Option Plan.
(5) Total option to purchase 5,400 shares vests in three equal installments on
February 9, 2001, February 9, 2002 and February 9, 2003.
(6) Common stock purchase option granted under the Laboratory Corporation of
America Holdings 2000 Stock Incentive Plan.
(7) Total option to purchase 70,000 shares vest in three approximately equal
installments on February 5, 2002, February 5, 2003 and February 5, 2004.
(8) Common stock purchase option granted under the Laboratory Corporation of
America Holdings 1994 Stock Option Plan.
(9) Total option to purchase 5,000 shares vested in three approximately equal
installments on May 8, 1995, May 8, 1996 and May 8, 1997.
(10) Common stock purchase option granted under the Laboratory Corporation of
America Holdings 1994 Stock Option Plan.
(11) Total option to purchase 1,000 shares vested in three approximately equal
installments on June 28, 1995, June 28, 1996 and June 28, 1997.
/s/ Bradford T. Smith April 8, 2002
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**Signature of Reporting Person Date
Bradford T. Smith
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
