SEC Form 4 · accession 0001140361-18-001763
WELLCARE HEALTH PLANS, INC. · WCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Trodden
Officer — SVP, Chief HR Officer
Period of report
Jan 9, 2018
Accepted (ET)
Jan 11, 2018 · 4:37 pm EST
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 | Jan 9, 2018 | M | 648 | $0.00 | A | 648 | D | |
| Common StockF2 | Jan 9, 2018 | F | 207 | $206.85 | D | 441 | 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 | — | Jan 9, 2018 | M | 648 | D | — | — | Common Stock | 648 | 1,945 | D |
Explanation of responses
- F1Vesting of restricted stock units granted to the Reporting Person on January 9, 2017.
- F2Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on January 9, 2017 and vested on January 9, 2018.
- 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 January 9, 2018, January 9, 2019, January 9, 2020 and January 9, 2021. Vested shares are delivered to the Reporting Person upon vest.