BRYANT GARY W 4
4 · UNIVERSAL AMERICAN CORP. · Filed Aug 7, 2009
Insider Transaction Report
Form 4
BRYANT GARY W
Chief Operating Officer
Transactions
- Sale
Common Stock
2009-07-31$9.10/sh−51,143$465,401→ 114,887 total - Exercise/Conversion
Common Stock
2009-07-31$3.15/sh+87,500$275,625→ 166,030 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2009-07-31$3.15/sh−87,500$275,625→ 0 totalExercise: $3.15From: 2006-08-01Exp: 2009-08-01→ Common Stock (87,500 underlying)
Holdings
- 21,263.3(indirect: By 401(k))
Common Stock
- 513,869(indirect: By Trust)
Common Stock
- 27,779(indirect: By IRA)
Common Stock
Footnotes (1)
- [F1]Options exercised through a "net exercise" procedure under which only the "spread" shares, which are the number of shares exercised in excess of a number of shares that have a value equal to the sum of the exercise price and the withholding tax paid in respect of the exercise, were issued to the reporting person. This could be deemed to constitute a sale by the reporting person of shares having such value to the issuer, although no actual sale occurred.