Erwin Steven P 4
4 · HealthMarkets, Inc. · Filed Sep 23, 2009
Insider Transaction Report
Form 4
Erwin Steven P
EVP & CFO
Transactions
- Disposition to Issuer
Stock Option
2009-09-21$24.00/sh−150,000$3,600,000→ 0 totalExercise: $24.00From: 2009-09-30Exp: 2018-09-30→ Class A-1 Common Stock (150,000 underlying)
Holdings
- 13,981
Class A-1 Common Stock
Footnotes (1)
- [F1]Effective September 21, 2009, the Executive Compensation Committee of the Issuer's Board of Directors approved the Company's entry into a revised mnagement employment agreement with the reporting person. Pursuant to the terms of the new employment agreement, the reporting person agreed to forfeit the stock options previously granted by the Company.