4//SEC Filing
Averill Barry W 4
Accession 0001179110-11-003980
CIK 0000709878other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 8:49 AM ET
Size
11.5 KB
Accession
0001179110-11-003980
Insider Transaction Report
Form 4
Averill Barry W
Director
Transactions
- Exercise/Conversion
Common Stock
2011-02-16$13.06/sh+5,000$65,300→ 10,600 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-02-16$13.06/sh−5,000$65,300→ 0 totalExercise: $13.06Exp: 2011-03-30→ Common Stock (5,000 underlying) - Tax Payment
Common Stock
2011-02-16$20.30/sh−3,217$65,305→ 7,383 total
Footnotes (2)
- [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.
- [F2]Options are fully vested.
Documents
Issuer
UNIVERSAL AMERICAN CORP.
CIK 0000709878
Entity typeother
Related Parties
1- filerCIK 0001357114
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 8:49 AM ET
- Size
- 11.5 KB