Adams Rex M 4
4 · WELLCARE HEALTH PLANS, INC. · Filed Mar 16, 2010
Insider Transaction Report
Form 4
Adams Rex M
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2010-03-13+1,193→ 42,443 total - Exercise/Conversion
Restricted Stock Units
2010-03-13−1,193→ 3,579 total→ Common Stock (1,193 underlying) - Tax Payment
Common Stock
2010-03-13$29.89/sh−316$9,445→ 42,127 total
Footnotes (4)
- [F1]Vesting of restricted stock units granted to the Reporting Person on June 1, 2009.
- [F2]Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on June 1, 2009 and vested on March 13, 2010.
- [F3]Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
- [F4]The restricted stock units vest in equal installments on each of the first through fourth anniversaries of March 13, 2009. Vested shares will be delivered to the Reporting Person upon vest.