Davis Patrisha L 4
4 · COVENTRY HEALTH CARE INC · Filed Jun 24, 2011
Insider Transaction Report
Form 4
Davis Patrisha L
Sr.VP, Chief HR Officer
Transactions
- Award
Non-Qualified Stock Option
2011-06-22+29,042→ 293,934 totalExercise: $36.11From: 2012-06-22Exp: 2021-06-22→ Common Stock (29,042 underlying) - Award
Common Stock Restricted
2011-06-22+13,189→ 32,455 total
Footnotes (5)
- [F1]Award of restricted stock subject to meeting specific performance criteria. If the performance criteria is met, the restrictions on the stock will lapse in equal annual increments over a four-year period.
- [F2]Includes the following: Table I-Non-Derivative Securities consisting of 1,000 shares of common stock held directly; 2,506 shares of common stock held indirectly by managed account (401(k) Plan), and 28,949 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over four-year periods, held directly.
- [F3]See Footnote 2 for shares held directly and indirectly.
- [F4]Grant of non-qualified stock options vesting in equal annual increments over a three-year period commencing one year after the date of grant.
- [F5]Table II: Derivative Securities consisting of nonqualified stock options for 251,917 shares of common stock vested or vesting in equal annual increments over three and four year periods, held directly; 2,017 shares of phantom common stock allocated to the reporting person's account in Coventry's 401K Restoration and Deferred Compensation Plan, and 40,000 performance stock units that will be settled in cash if the award vests.