4//SEC Filing
CAREMARK RX INC 4
Accession 0001181431-07-021428
CIK 0001000736operating
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 7:28 PM ET
Size
10.2 KB
Accession
0001181431-07-021428
Insider Transaction Report
Form 4
Spalding William R
EVP Strategic Development
Transactions
- Disposition to Issuer
Stock Option
2007-03-22−500,000→ 0 totalExercise: $44.13From: 2006-06-01Exp: 2015-06-01→ Common Stock, par value $.001 (500,000 underlying) - Disposition to Issuer
Stock Option
2007-03-22−125,000→ 0 totalExercise: $50.84From: 2007-03-01Exp: 2016-03-01→ Common Stock, par value $.001 (125,000 underlying) - Disposition to Issuer
Common Stock, par value $.001
2007-03-22−108.953→ 0 total
Footnotes (3)
- [F1]Includes 24.2633 shares that were purchased through the Carestock Employee Stock Purchase Plan in 2007.
- [F2]Disposed of pursuant to a merger agreement between issuer and CVS Corporation at the rate of 1.67 shares of CVS/Caremark Corporation common stock for each share of issuer stock. All issuer shares held by Reporting Person were disposed.
- [F3]Issuer options are being replaced in the merger with CVS/Caremark Corporation options exercisable for CVS/Caremark Corporation common stock. The number of CVS/Caremark Corporation common shares and the exercise price of the CVS/Caremark Corporation replacement option will be computed using a formula that will result in the Reporting Person receiving an intrinsic value in the CVS/Caremark Corporation replacement option that will be approximately equal to the intrinsic value of the issuer options valued immediately prior to the merger.
Documents
Issuer
CAREMARK RX INC
CIK 0001000736
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001000736
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 7:28 PM ET
- Size
- 10.2 KB