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MILLER SAMUEL V 4

Accession 0001249013-04-000172

CIK 0001027974other

Filed

Dec 14, 7:00 PM ET

Accepted

Dec 15, 7:12 PM ET

Size

8.8 KB

Accession

0001249013-04-000172

Insider Transaction Report

Form 4
Period: 2004-12-13
MILLER SAMUEL V
Executive Vice President
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2004-12-13+31,00031,000 total
    Exercise: $54.57From: 2006-12-13Exp: 2014-12-13Common Stock (31,000 underlying)
  • Award

    Restricted Stock Unit

    2004-12-13+13,40013,400 total
    Common Stock (13,400 underlying)
Footnotes (2)
  • [F1]Option granted under the PHS 1996 Stock Option Plan for Officers and Key Employees in a transaction exempt under Rule 16b-3. The option vests in three equal annual installments commencing on the date two years after the grant date.
  • [F2](2) Restricted stock units granted under the Stock Unit Deferred Compensation Plan (the "Stock Unit Plan"), which units represent shares of restricted stock of PHS granted under the 1996 Plan in a transaction exempt under Rule 16b-3. The underlying restricted stock granted under the 1996 Plan was subject to mandatory deferral into restricted stock units under the Stock Unit Plan as follows: (i) 50% of the units become distributable upon the earlier of retirement or termination of the Reporting Person and (ii) 50% of the units become distributable on the date four years after the grant date (or such later date as may be elected by the Reporting Person). The underlying shares of restricted stock represented by the units vest in three equal annual installments commencing on the date two years after the grant date. Under the Stock Unit Plan, the units are converted into underlying shares of restricted stock upon distribution.

Issuer

PACIFICARE HEALTH SYSTEMS INC /DE/

CIK 0001027974

Entity typeother

Related Parties

1
  • filerCIK 0001081113

Filing Metadata

Form type
4
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 7:12 PM ET
Size
8.8 KB