SEC Form 4 · accession 0001514128-15-000013
UNIVERSAL AMERICAN CORP. · UAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erin Page
Officer — President, MA / ACO
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001514128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 13, 2015 | A | 15,284 | $0.00 | A | 79,586 | D | |
| Common StockF3,F4 | Feb 13, 2015 | A | 15,284 | $0.00 | A | 94,870 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F5 | $9.16 | Feb 13, 2015 | A | 13,060 | A | — | Feb 13, 2020 | Common Stock | 13,060 | 13,060 | D |
| Stock Options (Right to Buy)F6 | $9.16 | Feb 13, 2015 | A | 13,060 | A | — | Feb 13, 2020 | Common Stock | 13,060 | 13,060 | D |
Explanation of responses
- F1Represents grant of Restricted Stock which vests in four equal annual installments beginning Feb 13, 2016
- F2Represents common stock including 50,366 shares of unvested Restricted Stock.
- F3Represents grant of Performance Shares which vest 25% per year over four years subject to the Company having met a specified target of stock price appreciation.
- F4Represents common stock including 65,650 shares of unvested Restricted Stock.
- F5Represents grant of Stock Options which vests in four equal annual installments beginning Feb 13, 2016.
- F6Represents grant of Performance Options which vest 25% per year over four years subject to the Company having met a specified target of stock price appreciation.