HEALTH MANAGEMENT ASSOCIATES INC 4
4 · HEALTH MANAGEMENT ASSOCIATES INC · Filed Jan 3, 2008
Insider Transaction Report
Form 4
VUMBACCO JOSEPH V
DirectorCEO and Vice Chairman
Transactions
- Disposition to Issuer
Class A Common Stock, $.01 par value
2008-01-01−50,000→ 905,066 total - Tax Payment
Class A Common Stock, $.01 par value
2008-01-01$5.98/sh−31,723$189,704→ 932,780 total - Exercise/Conversion
Contingent Stock Award
2008-01-01−38,063→ 0 totalExercise: $0.00From: 2008-01-01Exp: 2008-01-01→ Class A Common Stock, $.01 par value (38,063 underlying) - Exercise/Conversion
Class A Common Stock, $.01 par value
2008-01-01+38,063→ 970,843 total - Exercise/Conversion
Class A Common Stock, $.01 par value
2008-01-01+73,982→ 964,503 total - Tax Payment
Class A Common Stock, $.01 par value
2008-01-01$5.98/sh−15,777$94,346→ 955,066 total - Exercise/Conversion
Contingent Stock Award
2008-01-01−73,982→ 0 totalExercise: $0.00From: 2008-01-01Exp: 2008-01-01→ Class A Common Stock, $.01 par value (73,982 underlying)
Holdings
- 301,976
Stock Option (Right to Buy)
Exercise: $11.31Exp: 2014-05-17→ Class A Common Stock, $.01 par value (301,976 underlying) - 201,317
Stock Option (Right to Buy)
Exercise: $9.91From: 2006-05-21Exp: 2012-05-20→ Class A Common Stock, $.01 par value (201,317 underlying) - 24,988(indirect: By 401(k))
Class A Common Stock, $.01 par value
Footnotes (5)
- [F1]Mr. Vumbacco resigned as an officer, director and employee of the Issuer effective 12/31/07, as reported by the Issuer in a Current Report on Form 8-K dated November 5, 2007. The vesting of this contingent stock incentive award under the Issuer's 1996 Executive Incentive Compensation Plan, which was previously reported by Mr. Vumbacco, was accelerated in connection with his retirement.
- [F2]Upon his retirement, Mr. Vumbacco forfeited 50% of his 100,000 share restricted stock award granted under the Issuer's 1996 Executive Incentive Compensation Plan on 1/30/06, which award was previously reported by Mr. Vumbacco.
- [F3]The amount shown includes shares held by Mr. Vumbacco individually, shares held jointly with his wife, and a small portion of shares held within a self-directed IRA in which Mr. Vumbacco has the sole power of disposition.
- [F4]This employee stock option was previously reported by Mr. Vumbacco.
- [F5]This employee stock option was previously reported by Mr. Vumbacco. Mr. Vumbacco can exercise this option as follows: 75,494 shares on 5/18/05, 75,494 shares on 5/18/06, 75,494 shares on 5/18/07, and 75,494 shares on 5/18/08.