SEC Form 4 · accession 0001140361-16-057649
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
Mar 12, 2016
Accepted (ET)
Mar 14, 2016 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001279363
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 12, 2016 | M | 2,373 | $0.00 | A | 16,410 | D | |
| Common StockF2 | Mar 12, 2016 | F | 650 | $90.97 | D | 15,760 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Mar 12, 2016 | M | 2,373 | D | — | — | Common Stock | 2,373 | 2,373 | D |
Explanation of responses
- F1Vesting of restricted stock units granted to the Reporting Person on March 12, 2014.
- F2Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on March 12, 2014 and vested on March 12, 2016
- F3Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
- F4The restricted stock units vest in approximately equal installments on March 12, 2016 and March 12, 2017. Vested shares are delivered to the Reporting Person upon vest.