FITZPATRICK MARIA 4
4 · COVENTRY HEALTH CARE INC · Filed Sep 29, 2008
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock Restricted
2008-09-26+15,000→ 194,300 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 consisting of 178 shares of common stock held indirectly by managed account (401(k) Plan), 64,122 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over four-year periods; and Table II - Derivative Securities consisting of non-qualified stock options for 130,000 shares of common stock vesting in equal annual increments over four-year periods.
- [F3]See Footnote 2 for shares held directly and indirectly.