Terry David L Jr 4
4 · HealthSpring, Inc. · Filed Mar 9, 2011
Insider Transaction Report
Form 4
Terry David L Jr
Senior VP & Chief Actuary
Transactions
- Award
Common Stock
2011-03-07+3,606→ 99,166 total
Footnotes (1)
- [F1]The reporting person received 3,606 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. Amended and Restated 2006 Equity Incentive Plan. In general, the restrictions with respect to these shares lapse as follows: 50% on March 7, 2013; 25% on March 7, 2014; and 25% on March 7, 2015. The reporting person also received 1,739 shares of restricted stock as compensation in connection with continuing employment, which award is not reported herein. Such additional shares vest, and the restrictions thereon lapse, based on future Company financial performance.