SEC Form 4 · accession 0001140361-16-063088
WELLCARE HEALTH PLANS, INC. · WCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Troy Meyer
Officer — VP, Corporate Controller
Period of report
May 1, 2016
Accepted (ET)
May 3, 2016 · 4:52 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 | May 1, 2016 | M | 330 | $0.00 | A | 379 | D | |
| Common StockF2 | May 1, 2016 | F | 88 | $89.99 | D | 291 | 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 | — | May 1, 2016 | M | 330 | D | — | — | Common Stock | 330 | 993 | D |
Explanation of responses
- F1Vesting of restricted stock units granted to the Reporting Person on August 18, 2015.
- F2Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on August 18, 2015 and vested on May 1, 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 May 1, 2016, May 1, 2017, May 1, 2018 and May 1, 2019. Vested shares are delivered to the Reporting Person upon vest.