SEC Form 4 · accession 0001567619-18-003370
WELLCARE HEALTH PLANS, INC. · WCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly A Munson
Officer — EVP, Medicaid
Period of report
Sep 29, 2018
Accepted (ET)
Oct 1, 2018 · 4:43 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 | Sep 29, 2018 | M | 3,613 | $0.00 | A | 12,351 | D | |
| Common StockF2 | Sep 29, 2018 | F | 1,423 | $320.49 | D | 10,928 | 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 | — | Sep 29, 2018 | M | 3,613 | D | — | — | Common Stock | 3,613 | 3,613 | D |
Explanation of responses
- F1Vesting of restricted stock units granted to the Reporting Person on September 29, 2016.
- F2Forfeiture of shares to satisfy tax obligations related to restricted stock units that were granted to the Reporting Person on September 29, 2016 and vested on September 29, 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 September 29, 2017, September 29, 2018 and September 29, 2019. Vested shares are delivered to the Reporting Person upon vest.