DONOVAN R SCOTT 4
4 · HealthMarkets, Inc. · Filed Nov 13, 2012
Insider Transaction Report
Form 4
DONOVAN R SCOTT
SVP/CFO
Transactions
- Award
Class A-1 Common Stock
2012-11-12$10.15/sh+120,000$1,218,000→ 120,000 total - Award
StockOption
2012-11-12$10.15/sh+250,000$2,537,500→ 250,000 totalExercise: $10.15From: 2013-03-01Exp: 2022-11-12→ Class A-1 Common Stock (250,000 underlying)
Footnotes (2)
- [F1]The Restricted Shares vest in twenty (20) equal quarterly installments vesting on each of March 31, June 1, September 1 and December 1 of each 2013, 2014, 2015, 2016 and 2017, subject to continuous employment and other terms pursuant to the Restricted Share Agreement between the Company and the Executive.
- [F2]The options vest and become exercisable in twenty (20) equal quarterly installments with the first installment vesting on March 1, 2013, subject to continuous employment and other terms pursuant to the Nonqualified Stock Option Agreement between the Company and the Executive.