Adams Rex M 4
4 · WELLCARE HEALTH PLANS, INC. · Filed Sep 17, 2010
Insider Transaction Report
Form 4
Adams Rex M
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-09-15−8,333→ 25,000 total→ Common Stock (8,333 underlying) - Tax Payment
Common Stock
2010-09-15$27.36/sh−3,038$83,120→ 42,908 total - Exercise/Conversion
Common Stock
2010-09-15+8,333→ 45,946 total
Footnotes (4)
- [F1]Vesting of restricted stock units granted to the Reporting Person on September 15, 2009.
- [F2]Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on September 15, 2009 and vested on September 15, 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 approximately equal installments on each of the first through fourth anniversaries of September 15, 2009. Vested shares will be delivered to the reporting person upon vest.