4//SEC Filing
HELLER JACK V 4
Accession 0001209191-09-036178
CIK 0000773660other
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 9:55 AM ET
Size
10.2 KB
Accession
0001209191-09-036178
Insider Transaction Report
Form 4
HELLER JACK V
Senior Vice President
Transactions
- Award
Stock Option
2009-07-09$24.00/sh+1,666$39,984→ 8,333 totalExercise: $24.00From: 2009-07-09Exp: 2018-07-09→ Class A-1 Common Stock (1,666 underlying)
Footnotes (1)
- [F1]On July 9, 2008, the Executive Compensation Committee of the Issuer approved a grant to the reporting person of an option to purchase 6,667 shares of Class A-1 Common Stock, which would vest based on the Issuer's satisfaction of certain performance criteria, including continuous employment, as follows: (i) 25% on the first anniversary of the effective date; (ii) 25% on the second anniversary of the effective date; (iii) 17% on the third anniversary of the effective date; (iv) 17% on the fourth anniversary of the effective date; and (v) the remaining 16% on the fifth anniversary of the effective date. On January 23, 2009, the Issuer determined that the performance criteria for 2008 had been met, resulting in vesting of the option as to 1,666 shares on July 9, 2009.
Issuer
HealthMarkets, Inc.
CIK 0000773660
Entity typeother
Related Parties
1- filerCIK 0001459919
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 9:55 AM ET
- Size
- 10.2 KB