WARE MICHAEL 4
4 · CAREMARK RX INC · Filed Jan 17, 2007
Insider Transaction Report
Form 4
WARE MICHAEL
Director
Transactions
- Award
Stock Units
2007-01-15$56.83/sh+0.641$36→ 364.739 total→ Common Stock, $.001 par value (0.641 underlying)
Holdings
- 32,250
Stock Option
Exercise: $13.33From: 2002-12-20Exp: 2011-12-20→ Common Stock, $.001 par value (32,250 underlying) - 21,285
Common Stock, $.001 par value
- 2,885
Stock Option
Exercise: $33.85From: 2005-04-30Exp: 2014-04-30→ Common Stock, $.001 par value (2,885 underlying) - 18,000
Stock Option
Exercise: $37.92From: 2006-03-01Exp: 2015-03-01→ Common Stock, $.001 par value (18,000 underlying) - 43,000
Stock Option
Exercise: $10.15From: 2003-10-23Exp: 2012-10-23→ Common Stock, $.001 par value (43,000 underlying)
Footnotes (5)
- [F1]Option vests in three equal annual installments beginning on December 20, 2002.
- [F2]Option vests in three equal annual installments beginning on October 23, 2003.
- [F3]Option vests in five equal annual installments beginning on the "Date Exercisable" above.
- [F4]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.
- [F5]These stock units were accrued pursuant to a dividend adjustment provision of the Director Deferred Compensation Plan.