SEC Form 4 · accession 0001140361-18-019067
WELLCARE HEALTH PLANS, INC. · WCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Ghanayem
Officer — SVP, Chief Information Officer
Period of report
Apr 18, 2018
Accepted (ET)
Apr 19, 2018 · 4:58 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 | Apr 18, 2018 | M | 1,364 | $0.00 | A | 2,371 | D | |
| Common StockF2 | Apr 18, 2018 | F | 333 | $202.06 | D | 2,038 | 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 | — | Apr 18, 2018 | M | 1,364 | D | — | — | Common Stock | 1,364 | 2,729 | D |
Explanation of responses
- F1Vesting of restricted stock units granted to the Reporting Person on April 18, 2016.
- F2Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on April 18, 2016 and vested on April 18, 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 April 18, 2017, April 18, 2018, April 18, 2019 and April 18, 2020. Vested shares are delivered to the Reporting Person upon vest.