HELLER JACK V 4
4 · HealthMarkets, Inc. · Filed Jul 2, 2010
Insider Transaction Report
Form 4
HELLER JACK V
Senior Vice President
Transactions
- Award
Class A-1 Common Stock
2010-06-29$7.00/sh+150,000$1,050,000→ 150,000 total - Disposition to Issuer
Stock Option
2010-06-29−80,865→ 0 totalExercise: $0.00From: 2008-03-29Exp: 2019-01-23→ Class A-1 Common Stock (80,865 underlying) - Award
Stock Option
2010-06-29$7.00/sh+150,000$1,050,000→ 150,000 totalExercise: $7.00From: 2011-06-29Exp: 2019-06-29→ Class A-1 Common Stock (150,000 underlying)
Holdings
- 28,180
Class A-2 Common Stock
Footnotes (2)
- [F1]The stock vests 20% on each of the first five anniversaries of the grant date, provided that the Reporting Person remains in continuous service as an employee of the Company as of such date.
- [F2]Pursuant to the terms of a compensation program applicable to the Reporting Person, including the entry into a nonqualified stock option agreement, the Reporting Person agreed to forfeit all of his outstanding stock options previously granted by the Company. A total of 80,865 options are being forfeited. The exercise price of the options forfeited ranges from $15.06 to $43.45. The earliest exercisable date is 03/29/2008. The latest expiration date is 01/23/2019.