SEC Form 4 · accession 0001140361-15-014784
WELLCARE HEALTH PLANS, INC. · WCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maurice Hebert
Officer — Chief Accounting Officer
Period of report
Apr 6, 2015
Accepted (ET)
Apr 8, 2015 · 5:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001279363
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 6, 2015 | A | 811 | A | — | — | Common Stock | 811 | 811 | D |
| Market Stock UnitsF3,F4 | — | Apr 6, 2015 | A | 575 | A | — | — | Common Stock | 575 | 575 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
- F2The restricted stock units vest in approximately equal installments on March 1, 2016, March 1, 2017 and March 1, 2018. Vested shares will be delivered to the Reporting Person upon vest.
- F3Each market stock Unit represents a contingent right to receive up to two shares of WCG common stock. Vesting will be determined based on the average closing price for the last thirty trading days in 2017.
- F4The market stock units vest on March 1, 2018. Vested shares will be delivered to the Reporting Person upon vest.