Home/Filings/4/0000950142-17-000936
4//SEC Filing

UNIVERSAL AMERICAN CORP. 4

Accession 0000950142-17-000936

CIK 0001514128operating

Filed

May 1, 8:00 PM ET

Accepted

May 2, 7:02 PM ET

Size

54.8 KB

Accession

0000950142-17-000936

Insider Transaction Report

Form 4
Period: 2017-04-28
BLACK STEVEN H
Chief Administrative Officer
Transactions
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-281,6320 total
    Exercise: $8.41Common Stock (1,632 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,5300 total
    Exercise: $8.41Common Stock (6,530 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,2800 total(indirect: By Spouse)
    Exercise: $6.05Common Stock (6,280 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-282,2870 total
    Exercise: $6.09Common Stock (2,287 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-281,6320 total(indirect: By Spouse)
    Exercise: $8.41Common Stock (1,632 underlying)
  • Disposition to Issuer

    Common Stock

    2017-04-2836,7860 total
  • Disposition to Issuer

    Common Stock

    2017-04-2886,9560 total
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,2500 total
    Exercise: $6.18Common Stock (6,250 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,2800 total
    Exercise: $6.05Common Stock (6,280 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-283,2650 total
    Exercise: $8.41Common Stock (3,265 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-282,2870 total
    Exercise: $6.09Common Stock (2,287 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,2500 total(indirect: By Spouse)
    Exercise: $6.18Common Stock (6,250 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,2800 total(indirect: By Spouse)
    Exercise: $6.05Common Stock (6,280 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-282,2870 total(indirect: By Spouse)
    Exercise: $6.09Common Stock (2,287 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,5300 total(indirect: By Spouse)
    Exercise: $8.41Common Stock (6,530 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-282,2870 total(indirect: By Spouse)
    Exercise: $6.09Common Stock (2,287 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,8620 total
    Exercise: $6.09Common Stock (6,862 underlying)
  • Disposition to Issuer

    Common Stock

    2017-04-2845,8620 total(indirect: By Spouse)
  • Disposition to Issuer

    Common Stock

    2017-04-2886,9550 total(indirect: By Spouse)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,2790 total
    Exercise: $6.05Common Stock (6,279 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,8620 total
    Exercise: $6.09Common Stock (6,862 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-283,2650 total(indirect: By Spouse)
    Exercise: $8.41Common Stock (3,265 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,8620 total(indirect: By Spouse)
    Exercise: $6.09Common Stock (6,862 underlying)
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-04-286,8620 total(indirect: By Spouse)
    Exercise: $6.09Common Stock (6,862 underlying)
Footnotes (4)
  • [F1]Pursuant to that certain Agreement and Plan of Merger, dated as of November 17, 2016 (the "Merger Agreement"), by and among Universal American Corp. (the "Company"), WellCare Health Plans, Inc. and Wind Merger Sub, Inc., at the Effective Time (as defined in the Merger Agreement) (the "Effective Time"), each of these shares of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the per share merger consideration of $10.00 (the "Per Share Merger Consideration").
  • [F2]Pursuant to the Merger Agreement, at the Effective Time, each of these unvested shares of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Merger Consideration, subject to conditions set forth in the Merger Agreement.
  • [F3]Pursuant to the Merger Agreement, at the Effective Time, each of these stock options was cancelled and converted into the right to receive a cash payment equal to the excess, if any, of the Per Share Merger Consideration over the per share exercise price of such stock option multiplied by the aggregate number of shares of common stock in respect of such stock option immediately before the Effective Time.
  • [F4]Pursuant to the Merger Agreement, at the Effective Time, each of these unvested stock options was cancelled and converted into the right to receive a cash payment equal to the excess, if any, of the Per Share Merger Consideration over the per share exercise price of such stock option multiplied by the aggregate number of shares of common stock in respect of such stock option immediately before the Effective Time, subject to conditions set forth in the Merger Agreement.

Issuer

UNIVERSAL AMERICAN CORP.

CIK 0001514128

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001514128

Filing Metadata

Form type
4
Filed
May 1, 8:00 PM ET
Accepted
May 2, 7:02 PM ET
Size
54.8 KB