COVENTRY HEALTH CARE INC 4
4 · COVENTRY HEALTH CARE INC · Filed Mar 8, 2013
Insider Transaction Report
Form 4
WISE ALLEN F
DirectorExecutive Chair & CEO
Transactions
- Award
Restricted Stock Units
2013-03-06+81,139→ 81.139 total→ Restricted Stock Units (81,139 underlying)
Holdings
- 4,635(indirect: By 401(k))
Common Stock
- 38,882
Restore
→ Common Stock (38,882 underlying) - 612,414
Common Stock
Footnotes (3)
- [F1]Issuer's 401(k) Restoration and Deferred Compensation Plan (RESTORE).
- [F2]There is no conversion or exercise price, nor is there a date exercisable or an expiration date. The common stock reported here was acquired since the last ownership filing by and in the name of the rabbi trust of the RESTORE plan and allocated to the reporting person's account. The phantom common stock will be paid out in cash six months following the reporting person's retirement or other termination of services at the closing market price of the shares on the date of distribution.
- [F3]On March 6, 2013, the Compensation Committee certified that the performance criteria set for the Restricted Stock Units ("RSU's") had been met and the RSU's will be fully vested on December 31, 2013 and paid out in cash in January 2014 at the average price of the Company's stock during the trading days between December 15, 2013 and January 15, 2014.