X0306 4 2016-07-05 1 0001477449 Teladoc, Inc. TDOC 0001340660 HLM VENTURE PARTNERS II, L.P. 222 BERKELEY STREET, 20TH FLOOR BOSTON MA 02116 0 0 1 0 0001591541 HLM VENTURE ASSOCIATES II, LLC 222 BERKELEY STREET, 20TH FLOOR BOSTON MA 02116 0 0 1 0 0001025665 CAHILL EDWARD L C/O HLM VENTURE PARTNERS 222 BERKELEY STREET, 20TH FLOOR BOSTON MA 02116 0 0 1 0 0001242813 GRUA PETER J 28 GARDEN ST BOSTON MA 02114 0 0 1 0 Common Stock 2016-07-05 4 J 0 1200000 0 D 3780468 I See Footnote Represents a pro rata distribution in-kind by HLM Ventures Partners II, L.P. to its limited partners. HLM Venture Associates II, L.L.C. is the general partner of HLM Venture Partners II, L.P. Edward L. Cahill and Peter J. Grua (collectively, the "Managing Members") are the managing members of HLM Venture Associates II, L.L.C. and, as such, may be deemed to have shared voting and dispositive power with respect to the issuer's securities held of record by HLM Venture Partners II, L.P. Each of the entities and the Managing Members disclaim beneficial ownership of the securities reported herein, except to the extent of their respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the shares for purposes of Section 16 or for any other purpose. /s/ Peter J. Grua, Managing Member of HLM Venture Associates II, L.L.C, General Partner of HLM Venture Partners II, L.P. 2016-07-07 /s/ Peter J. Grua, Managing Member of HLM Venture Associates II, L.L.C. 2016-07-07 /s/ Edward L. Cahill 2016-07-07 /s/ Peter J. Grua 2016-07-07