COVENTRY HEALTH CARE INC 4
4 · COVENTRY HEALTH CARE INC · Filed Sep 29, 2008
Insider Transaction Report
Form 4
Jhaveri Vishu J
Exec.VP, Chief Medical Officer
Transactions
- Award
Common Stock Restricted
2008-09-26+12,500→ 143,244 total
Footnotes (3)
- [F1]Time-based restrictions on the stock will lapse in equal annual increments over a four-year period. Award of restricted stock was conditioned upon reporting person entering into a restrictive covenants agreement with Coventry Health Care, Inc. as of the grant date of the award. The restrictive covenants agreement contains non-disclosure, non-compete, non-solicitation and claw-back provisions.
- [F2]Includes the following: Table I-Non-Derivative Securities comprised of 193 shares of common stock held indirectly by managed account (401(k) Plan), and 48,051 shares of restricted common stock with restrictions lapsed or lapsing over four-year periods, held directly; and Table II - Derivative Securities consisting of non-qualified stock options for 95,000 shares vesting in equal annual increments over four-year periods, held directly.
- [F3]See Footnote 2 for shares directly and indirectly.