UNIVERSAL AMERICAN CORP. 4
4 · UNIVERSAL AMERICAN CORP. · Filed Nov 18, 2015
Insider Transaction Report
Form 4
Gormley Mark K
Director
Transactions
- Award
Common Stock
2015-11-13+5,731→ 55,288 total(indirect: See Footnote) - Award
Common Stock
2015-11-13+5,731→ 61,019 total(indirect: See Footnote)
Holdings
- 68,701
Common Stock
Footnotes (3)
- [F1]Represents grant of Restricted Stock which vests in four equal installments beginning November 13, 2016.
- [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]Represents grant of Performance shares which vest 25% per year over four years subject to the Company having met a specified target of stock price appreciation.