5//SEC Filing
Young David Wayne 5
Accession 0001470287-11-000001
CIK 0001054833other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 12:08 PM ET
Size
11.2 KB
Accession
0001470287-11-000001
Insider Transaction Report
Form 5
Young David Wayne
Other
Transactions
- Award
Common Stock
2010-12-31+406→ 87,072 total→ Common Stock (406 underlying) - Award
Common Stock
2010-12-31+760→ 7,218 total
Footnotes (12)
- [F1]Shares were acquired throughout the 2010 fiscal year in the reporting person's 401(k) Plan account and paid for through regular payroll deductions and employer matching contributions.
- [F10]Shares of common stock that are not held directly by the reporting person, but are purchased by Coventry's 401(k) Restoration and Deferred Compensation Plan's rabbi trust and held in the name of the rabbi trust for the account of the reporting person. The reporting person has no voting power over the stock, but does have dispositive power over the stock and can direct the rabbi trust to sell the shares. Upon retirement or termination of employment, the RESTORE accounts are automatically settled in cash so the reporting person never owns the shares outright.
- [F11]Includes the following: Table II Derivative Securities comprised of non-qualified stock options representing 86,666 shares of common stock granted in various years and vesting in equal annual increments over three-and four-year periods, held directly, and 406 shares of phantom common stock held indirectly in Coventry's 401(k) Restoration and Deferred Compensation Plan.
- [F12]See footnote 11 for shares held directly and indirectly.
- [F2]Shares were acquired through payroll deduction and employer matching contributions at various prices at market value throughout the 2010 fiscal year.
- [F3]Includes the following: Table I-Non-Derivative Securities comprised of 1,718 shares held indirectly by managed account (401(k) Plan) and 5,500 shares held outright as awards of restricted common stock with restrictions lapsed or lapsing in equal annual increments over 4-year periods.
- [F4]See Footnote 3 for shares held directly and indirectly.
- [F5]Shares of common stock that are not held directly by the reporting person, but are purchased by Coventry's 401(k) Restoration and Deferred Compensation Plan's rabbi trust and held in the name of the rabbi trust for the account of the reporting person. The reporting person has no voting power over the stock, but does have dispositive power over the stock and can direct the rabbi trust to sell the shares. Upon retirement or termination of employment, the RESTORE accounts are automatically settled in cash so the reporting person never owns the shares outright.
- [F6]There is no conversion or exercise price. The common stock was acquired by and in the name of the rabbi trust of Coventry's 401(k) Restoration and Deferred Compensation Plan allocated to the reporting person's account. The phantom common stock will be paid out in cash six months following the reporting person's retirement or other termination of service at the closing market price of the shares on the date of distribution.
- [F7]Shares were acquired through regular payroll deduction on various dates at various prices at market value and allocated to the reporting person's account in Coventry's 401(k) Restoration and Deferred Compensation Plan.
- [F8]There is no date exercisable. The shares of phantom common stock become payable in cash six months following the reporting person's retirement or other termination of service as an officer of the Company.
- [F9]There is no expiration date. The shares of phantom common stock become payable in cash six months following the reporting person's retirement or other termination of service as an officer of the Company.
Documents
Issuer
COVENTRY HEALTH CARE INC
CIK 0001054833
Entity typeother
Related Parties
1- filerCIK 0001470287
Filing Metadata
- Form type
- 5
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 12:08 PM ET
- Size
- 11.2 KB