4//SEC Filing
Young David Wayne 4
Accession 0001470329-11-000007
CIK 0001054833other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 5:43 PM ET
Size
13.9 KB
Accession
0001470329-11-000007
Insider Transaction Report
Form 4
Young David Wayne
Other
Transactions
- Tax Payment
Common Stock Restricted
2011-05-22$34.66/sh−455$15,770→ 6,763 total - Award
Performance Share Units
2011-01-18+40,000→ 127,072 totalFrom: 2012-01-13Exp: 2012-01-13→ Common Stock (40,000 underlying)
Footnotes (6)
- [F1]Sale of shares back to the Company to pay withholding taxes.
- [F2]Includes the following: Table I-Non-Derivative Securities consisting of 1,718 shares of common stock held indirectly by managed account (401(k) Plan), and 5,045 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over four-year periods.
- [F3]See Footnote 2 for shares held directly and indirectly.
- [F4]Performance Share Units (PSUs) were granted on May 26, 2010, subject to the achievement of performance goals. The performance goals were achieved effective as of January 18, 2011, but the PSUs will not vest until January 13, 2012, under the terms of the agreement granting the PSUs. The PSUs will be settled in cash upon vesting based on the average closing market price of common stock for the trading days from December 15, 2011 to January 13, 2012. No shares of common stock will be issued.
- [F5]Includes the following: Table II-Derivative Securities consisting of non-qualified stock options for 86,666 shares of common stock vested or vesting in equal annual increments over three- and four-year periods, held directly, 406 shares of phantom common stock allocated to the reporting person's account in Coventry's 401(k) Restoration and Deferred Compensation Plan, and 40,000 performance stock units that will be settled in cash.
- [F6]See Footnote 5 for shares held directly and indirectly.
Issuer
COVENTRY HEALTH CARE INC
CIK 0001054833
Entity typeother
Related Parties
1- filerCIK 0001470287
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 5:43 PM ET
- Size
- 13.9 KB