CAREMARK RX INC 4
4 · CAREMARK RX INC · Filed Feb 16, 2005
Insider Transaction Report
Form 4
DIAMOND HARRIS
Director
Transactions
- Award
Stock Units
2005-02-14$39.79/sh+2,023.12$80,500→ 2,023.12 total→ Common Stock, par value $.001 (2,023.12 underlying)
Holdings
- 6,000
Common Stock, par value $.001
- 1,680.3
Stock Units
→ Common Stock, par value $.001 (1,680.3 underlying) - 203.65
Stock Units
→ Common Stock, par value $.001 (203.65 underlying) - 280.44
Stock Units
→ Common Stock, par value $.001 (280.44 underlying) - 1,746.712
Stock Units
→ Common Stock, par value $.001 (1,746.712 underlying) - 25,000
Stock Option
Exercise: $25.14From: 2004-01-02Exp: 2014-01-02→ Common Stock, par value $.001 (25,000 underlying) - 3,165.254
Stock Units
→ Common Stock, par value $.001 (3,165.254 underlying)
Footnotes (2)
- [F1]34% of these options are exercisable on the grant date, and 33% are exercisable on each of the 1st and 2nd anniversaries of the grant date.
- [F2]These stock units were accrued under the Caremark Rx, Inc. Director Deferred Compensation Plan, pursuant to which the reporting person has deferred an annual retainer and/or meeting fees. The reporting person may elect payment of the stock units in the form of a lump sum payment of Caremark Rx, Inc. common stock no earlier than 4 years after the last day of the calendar year in which the compensation attributable to the stock unit was deferred. Payment will be made within a reasonably practicable period of time following the earlier of a change of control (as defined in the plan) or the cessation of the reporting person's status as a non-employee member of Caremark Rx, Inc.'s Board of Directors.