Trodden Timothy 4
4 · WELLCARE HEALTH PLANS, INC. · Filed Jan 22, 2020
Insider Transaction Report
Form 4
Trodden Timothy
SVP, Chief HR Officer
Transactions
- Tax Payment
Common Stock
2020-01-17$338.83/sh−177$59,973→ 4,997 total - Exercise/Conversion
Restricted Stock Units
2020-01-17−649→ 0 total→ Common Stock (649 underlying) - Exercise/Conversion
Common Stock
2020-01-17+649→ 5,174 total
Footnotes (4)
- [F1]Vesting of restricted stock units granted to the Reporting Person on 3/22/17 for which vesting and settlement were accelerated to 1/17/20 to effect treatment contemplated by?the?Agreement?and?Plan?of?Merger?by?and?between?Centene?Corporation,?WellCare?Health?Plans, Inc.?and?other?parties?thereto?filed?on?Form?8-K on?March?27,?2019?(the?"Merger?Agreement").
- [F2]Forfeiture of shares to satisfy tax obligations related to stock units for which vesting and settlement were accelerated to 1/17/20 to effect treatment contemplated by the Merger Agreement.
- [F3]Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
- [F4]Vesting and settlement of the restricted stock units were accelerated to 1/17/20 to effect treatment contemplated by the Merger Agreement.