BISGARD JAY C 4
4 · HEALTHWAYS, INC · Filed May 21, 2013
Insider Transaction Report
Form 4
HEALTHWAYS, INCHWAY
BISGARD JAY C
Director
Transactions
- Exercise/Conversion
Option to buy
2013-05-17−2,039→ 9,618 totalExercise: $12.18From: 2003-06-18Exp: 2013-06-18→ Common Stock (2,039 underlying) - Sale
Common Stock
2013-05-17$14.50/sh−2,039$29,566→ 2,542 total - Exercise/Conversion
Common Stock
2013-05-17$12.18/sh+2,039$24,825→ 4,581 total
Footnotes (3)
- [F1]Prior to the transaction reported herein, the reporting person owned 11,657 stock options set to expire on June 18, 2013. Sale was effected pursuant to a Rule 10b5-1 trading plan. All of the proceeds from the sale of these options will be utilized to cover the underlying exercise cost of all of the options herein as well as the exercise cost of the remaining options that are expected to be exercised on or before June 18, 2013. The shares remaining after the sale will be retained by the reporting person.
- [F2]Option vested 1/3 on 6/18/2003, 1/3 on 6/18/2004, and 1/3 on 6/18/2005.
- [F3]Information in this column is left blank because the transaction represents the conversion of a security.