Home/Filings/4/0000950142-17-000941
4//SEC Filing

UNIVERSAL AMERICAN CORP. 4

Accession 0000950142-17-000941

CIK 0001514128operating

Filed

May 1, 8:00 PM ET

Accepted

May 2, 7:05 PM ET

Size

29.2 KB

Accession

0000950142-17-000941

Insider Transaction Report

Form 4
Period: 2017-04-28
Page Erin
President, MA / ACO
Transactions
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-283,2650 total
    Exercise: $8.41Common Stock (3,265 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-285,4890 total
    Exercise: $6.09Common Stock (5,489 underlying)
  • Disposition to Issuer

    Common Stock

    2017-04-2891,1790 total
  • Disposition to Issuer

    Common Stock

    2017-04-28243,0540 total
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,5300 total
    Exercise: $8.41Common Stock (6,530 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-2816,4680 total
    Exercise: $6.09Common Stock (16,468 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-2813,0600 total
    Exercise: $8.41Common Stock (13,060 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-2812,5000 total
    Exercise: $6.18Common Stock (12,500 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-2812,5590 total
    Exercise: $6.05Common Stock (12,559 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-2812,5600 total
    Exercise: $6.05Common Stock (12,560 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-285,4890 total
    Exercise: $6.09Common Stock (5,489 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-2816,4680 total
    Exercise: $6.09Common Stock (16,468 underlying)
Footnotes (4)
  • [F1]Pursuant to that certain Agreement and Plan of Merger, dated as of November 17, 2016 (the "Merger Agreement"), by and among Universal American Corp. (the "Company"), WellCare Health Plans, Inc. and Wind Merger Sub, Inc., at the Effective Time (as defined in the Merger Agreement) (the "Effective Time"), each of these shares of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the per share merger consideration of $10.00 (the "Per Share Merger Consideration").
  • [F2]Pursuant to the Merger Agreement, at the Effective Time, each of these unvested shares of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Merger Consideration, subject to conditions set forth in the Merger Agreement.
  • [F3]Pursuant to the Merger Agreement, at the Effective Time, each of these stock options was cancelled and converted into the right to receive a cash payment equal to the excess, if any, of the Per Share Merger Consideration over the per share exercise price of such stock option multiplied by the aggregate number of shares of common stock in respect of such stock option immediately before the Effective Time.
  • [F4]Pursuant to the Merger Agreement, at the Effective Time, each of these unvested stock options was cancelled and converted into the right to receive a cash payment equal to the excess, if any, of the Per Share Merger Consideration over the per share exercise price of such stock option multiplied by the aggregate number of shares of common stock in respect of such stock option immediately before the Effective Time, subject to conditions set forth in the Merger Agreement.

Issuer

UNIVERSAL AMERICAN CORP.

CIK 0001514128

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001514128

Filing Metadata

Form type
4
Filed
May 1, 8:00 PM ET
Accepted
May 2, 7:05 PM ET
Size
29.2 KB