4//SEC Filing
HELLER JACK V 4
Accession 0001209191-10-017837
CIK 0000773660other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:17 PM ET
Size
13.0 KB
Accession
0001209191-10-017837
Insider Transaction Report
Form 4
HELLER JACK V
Senior Vice President
Transactions
- Award
Stock Option
2010-02-12$15.06/sh+4,166$62,740→ 77,498 totalExercise: $15.06From: 2010-02-12Exp: 2019-01-23→ Class A-1 Common Stock (4,166 underlying) - Award
Stock Option
2010-03-29$35.55/sh+1,700$60,435→ 79,198 totalExercise: $35.55From: 2010-03-29Exp: 2017-03-29→ Class A-1 Common Stock (1,700 underlying)
Footnotes (3)
- [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 by decreasing the exercise price 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 16,667 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 4,166 shares of Class A-1 Common Stock.
- [F3]Effective March 29,2007, the Reporting Person was granted an option to purchase 10,000 shares of Class A-1 Common Stock at an exercise price of $39.49 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 1,700 shares of Class A-1 Common Stock on March 29, 2010 (subject to Reporting Person's continued employment).
Issuer
HealthMarkets, Inc.
CIK 0000773660
Entity typeother
Related Parties
1- filerCIK 0001459919
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:17 PM ET
- Size
- 13.0 KB