Home/Filings/4/0001209191-06-040512
4//SEC Filing

HealthMarkets, Inc. 4

Accession 0001209191-06-040512

CIK 0000773660operating

Filed

Jul 6, 8:00 PM ET

Accepted

Jul 7, 11:52 AM ET

Size

21.4 KB

Accession

0001209191-06-040512

Insider Transaction Report

Form 4
Period: 2006-04-11
Transactions
  • Award

    Stock Option

    2006-04-11+27,56827,568 total
    Exercise: $9.25From: 2004-02-12Exp: 2008-03-13Class A-1 Common Stock (27,568 underlying)
  • Disposition to Issuer

    Stock Option

    2006-04-1160,0000 total
    Exercise: $30.75From: 2006-03-16Exp: 2010-06-14Class A-1 Common Stock (60,000 underlying)
  • Award

    Stock Option

    2006-04-11+3,6903,690 total
    Exercise: $9.25From: 2002-12-08Exp: 2007-01-07Class A-1 Common Stock (3,690 underlying)
  • Disposition to Issuer

    Stock Option

    2006-04-114,0000 total
    Exercise: $11.40From: 2002-12-08Exp: 2007-01-07Class A-1 Common Stock (4,000 underlying)
  • Disposition to Issuer

    Stock Option

    2006-04-1130,0000 total
    Exercise: $11.50From: 2004-02-12Exp: 2008-03-13Class A-1 Common Stock (30,000 underlying)
  • Award

    Stock Option

    2006-04-11+13,51413,514 total
    Exercise: $9.25From: 2006-03-16Exp: 2010-06-14Class A-1 Common Stock (13,514 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 (4,000) 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 (30,000) 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 (60,000) 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.

Issuer

HealthMarkets, Inc.

CIK 0000773660

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000773660

Filing Metadata

Form type
4
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 11:52 AM ET
Size
21.4 KB