CANSLER VICKI A 4
4 · HealthMarkets, Inc. · Filed Mar 18, 2010
Insider Transaction Report
Form 4
CANSLER VICKI A
SVP-HR
Transactions
- Award
Stock Option
2010-02-12$15.06/sh+2,916$43,915→ 37,499 totalExercise: $15.06From: 2010-02-12Exp: 2019-01-23→ Class A-1 Common Stock (2,916 underlying)
Footnotes (2)
- [F1]Effective February 12, 2010, the Board declared a special cash dividend in the amount of $3.94 per share payable on March 9, 2010, resulting in an adjustment of the exercise price(s) of all outstanding options by decreasing the exercise price(s) by the amount of the dividend as of the dividend payment date.
- [F2]Effective January 23, 2009, the Reporting Person was granted an option to purchase 11,667 shares of Class A-1 Common Stock at an exercise price of $19 per share, which would vest on the Issuer's satisfaction of certain performance criteria. On February 12, 2010, the Executive Compensation Committee determined that the 2009 performance criteria had been met, resulting in vesting of 2916 shares of Class A-1 Common Stock.