Mirt Michael G 4
4 · HealthSpring, Inc. · Filed Feb 16, 2010
Insider Transaction Report
Form 4
Mirt Michael G
President
Transactions
- Award
Common Stock
2010-02-11+19,665→ 29,665 total - Award
Employee Stock Option (Right to Buy)
2010-02-11+113,324→ 113,324 totalExercise: $17.82Exp: 2020-02-11→ Common Stock (113,324 underlying) - Award
Common Stock
2010-02-11$15.15/sh+6,601$99,985→ 36,266 total
Footnotes (3)
- [F1]The reporting person received 19,665 shares of restricted common stock from the Company as compensation in connection with his continuing employment. The shares were granted pursuant to the HealthSpring, Inc. 2006 Equity Incentive Plan (the "2006 Plan"). In general, the restrictions with respect to these shares lapse as follows: 50% on February 11, 2012, 25% on February 11, 2013, and 25% on February 11, 2014.
- [F2]The reporting person acquired 6,601 shares of restricted common stock from the Company in connection with the election to defer a portion of his annual cash bonus pursuant to the terms of the HealthSpring, Inc. Management Stock Purchase Plan. In general, the restrictions with respect to these shares lapse on February 11, 2012.
- [F3]Granted pursuant to the 2006 Plan. In general, the shares subject to this option will vest and become exercisable as follows: 50% on February 11, 2012, 25% on February 11, 2013, and 25% on February 11, 2014.