Susanin Timothy S. 4
4 · WELLCARE HEALTH PLANS, INC. · Filed Mar 15, 2011
Insider Transaction Report
Form 4
Susanin Timothy S.
SVP, General Counsel & Sec.
Transactions
- Exercise/Conversion
Common Stock
2011-03-13+212→ 9,043 total - Tax Payment
Common Stock
2011-03-13$36.97/sh−57$2,107→ 8,986 total - Exercise/Conversion
Restricted Stock Units
2011-03-13−212→ 425 total→ Common Stock (212 underlying)
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, 2011.
- [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 March 13, 2009. Vested shares will be delivered to the Reporting Person upon vest.