Rich Jonathan P 4
4 · WELLCARE HEALTH PLANS, INC. · Filed Sep 17, 2009
Insider Transaction Report
Form 4
Rich Jonathan P
Chief Compliance Officer
Transactions
- Award
Restricted Stock Units
2009-09-15+8,333→ 10,552 totalExercise: $0.00→ Common Stock (8,333 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-09-15−25,000→ 0 totalExercise: $42.63Exp: 2015-08-11→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]The canceled option provided for vesting in four equal annual installments beginning on August 11, 2009.
- [F2]On September 15, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on August 11, 2008. In exchange for the option, the reporting person received 8,333 restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
- [F4]The restricted stock units vest in four equal annual installments beginning on September 15, 2010. Vested shares will be delivered to the reporting person upon vest.