Wales Dirk O 4
4 · HealthSpring, Inc. · Filed Feb 25, 2011
Insider Transaction Report
Form 4
Wales Dirk O
SVP ? Chief Medical Officer
Transactions
- Exercise/Conversion
Common Stock
2011-02-24$19.50/sh+15,000$292,500→ 75,901 total - Sale
Common Stock
2011-02-24$37.00/sh−15,000$555,000→ 60,901 total - Award
Common Stock
2011-02-24$31.49/sh+203$6,392→ 61,104 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-02-24−15,000→ 0 totalExercise: $19.50Exp: 2016-02-02→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.02, inclusive. The reporting person undertakes to provide to HealthSpring, Inc., any security holder of HealthSpring, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range referenced above.
- [F2]The reporting person acquired 203 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 24, 2013.
- [F3]The option, representing a right to purchase a total of 15,000 shares, became exercisable as follows: 25% on February 2, 2007; 25% on February 2, 2008; 25% on February 2, 2009; and 25% on February 2, 2010.