Gormley Mark K 4
4 · UNIVERSAL AMERICAN CORP. · Filed May 31, 2013
Insider Transaction Report
Form 4
Gormley Mark K
Director
Transactions
- Award
Stock Option (Right to Buy)
2013-05-29+29,565→ 29,565 total(indirect: See Footnote)Exercise: $9.16Exp: 2018-05-29→ Common Stock (29,565 underlying) - Award
Common Stock
2013-05-29+4,504→ 41,705 total(indirect: See Footnote)
Holdings
- 58,838
Common Stock
Footnotes (3)
- [F1]Represents grant of Restricted Stock which vests 25% on each of the first four anniversaries of the grant.
- [F2]Directly owned by Lee Equity Partners, LLC. Lee Equity Partners, LLC is the investment manager of Lee Equity Partners Fund, L.P., Lee Equity Strategic Partners Fund, L.P. and Lee Equity Strategic Partners Fund (Offshore), L.P. (collectively, the "Funds"). Mr. Gormley is a member and equity owner of the general partner of the Funds. Mr. Gormley disclaims beneficial ownership of shares held by Lee Equity Partners, LLC and the Funds, except to the extent of his or its pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Gormley is the beneficial owner of the shares for purposes of Section 16 of the Exchange Act or for any other purpose.
- [F3]This option vests in four equal annual installments beginning May 29, 2014.