Cooper Christina 4
4 · WELLCARE HEALTH PLANS, INC. · Filed Sep 2, 2011
Insider Transaction Report
Form 4
Cooper Christina
President, FL & HI Division
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-09-01−1,690→ 1,691 total→ Common Stock (1,690 underlying) - Exercise/Conversion
Common Stock
2011-09-01+1,690→ 5,311 total - Tax Payment
Common Stock
2011-09-01$44.67/sh−448$20,012→ 4,863 total
Footnotes (4)
- [F1]Vesting of restricted stock units granted to the Reporting Person on March 31, 2010.
- [F2]Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on March 31, 2010 and vested on September 1, 2011.
- [F3]Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
- [F4]The restricted stock units vest as to approximately 50% on 9/1/2011 and approximately 50% on 9/1/2012. Vested shares will be delivered to the Reporting Person upon vest.