HealthMarkets, Inc. 4

Accession 0001209191-06-040508

CIK 0000773660operating

View on SEC.gov Company Profile

Filed

Jul 6, 8:00 PM ET

Accepted

Jul 7, 11:49 AM ET

Size

21.3 KB

Accession

0001209191-06-040508

Insider Transaction Report

Form 4

Period: 2006-04-11

HealthMarkets, Inc.N/A

HAUPTMAN MARK D

Vice President and CFO

Transactions

Award
Stock Option
2006-04-11+9,189→ 9,189 total
Exercise: $9.25From: 2004-02-12Exp: 2008-03-13→ Class A-1 Common Stock (9,189 underlying)
Disposition to Issuer
Stock Option
2006-04-11−20,000→ 0 total
Exercise: $30.75From: 2006-03-16Exp: 2010-06-14→ Class A-1 Common Stock (20,000 underlying)
Disposition to Issuer
Stock Option
2006-04-11−10,000→ 0 total
Exercise: $11.50From: 2004-02-12Exp: 2008-03-13→ Class A-1 Common Stock (10,000 underlying)
Award
Stock Option
2006-04-11+4,613→ 4,613 total
Exercise: $9.25From: 2002-12-08Exp: 2007-01-07→ Class A-1 Common Stock (4,613 underlying)
Disposition to Issuer
Stock Option
2006-04-11−5,000→ 0 total
Exercise: $11.40From: 2002-12-08Exp: 2007-01-07→ Class A-1 Common Stock (5,000 underlying)
Award
Stock Option
2006-04-11+4,505→ 4,505 total
Exercise: $9.25From: 2006-03-16Exp: 2010-06-14→ Class A-1 Common Stock (4,505 underlying)

Footnotes (3)

[F1]The two reported transactions involved an amendment to an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The exercise price of the original option ($11.40) and the number of Class A-1 common shares issuable upon exercise of such option (5,000) were adjusted in a manner that preserves the aggregate "in the money" value of the option. The option otherwise remains subject in all respects to the terms of the 1987 Restated and Amended Stock Option Plan.
[F2]The two reported transactions involved an amendment to an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The exercise price of the original option ($11.50) and the number of Class A-1 common shares issuable upon exercise of such option (10,000) were adjusted in a manner that preserves the aggregate "in the money" value of the option. The option otherwise remains subject in all respects to the terms of the 1987 Restated and Amended Stock Option Plan.
[F3]The two reported transactions involved an amendment to an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The exercise price of the original option ($30.75) and the number of Class A-1 common shares issuable upon exercise of such option (20,000) were adjusted in a manner that preserves the aggregate "in the money" value of the option. The option otherwise remains subject in all respects to the terms of the 1987 Restated and Amended Stock Option Plan.

Documents

2 files

Issuer

HealthMarkets, Inc.

CIK 0000773660

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000773660

Filing Metadata

Form type: 4
Filed: Jul 6, 8:00 PM ET
Accepted: Jul 7, 11:49 AM ET
Size: 21.3 KB

View on SEC.gov