Filing Details

Accession Number:
0001209191-11-012951
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-25 12:00:00
Reporting Period:
2011-02-24
Filing Date:
2011-02-25
Accepted Time:
2011-02-25 16:41:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1339553 Healthspring Inc. HS Hospital & Medical Service Plans (6324) 201821898
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1427206 O Dirk Wales 9009 Carothers Parkway
Suite 501
Franklin TN 37067
Svp ? Chief Medical Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-02-24 15,000 $19.50 75,901 No 4 M Direct
Common Stock Disposition 2011-02-24 15,000 $37.00 60,901 No 4 S Direct
Common Stock Acquisiton 2011-02-24 203 $31.49 61,104 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2011-02-24 15,000 $0.00 15,000 $19.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-02 No 4 M Direct
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.02, inclusive. The reporting person undertakes to provide to HealthSpring, Inc., any security holder of HealthSpring, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range referenced above.
  2. The reporting person acquired 203 shares of restricted common stock from the Company in connection with the election to defer a portion of his annual cash bonus pursuant to the terms of the HealthSpring, Inc. Management Stock Purchase Plan. In general, the restrictions with respect to these shares lapse on February 24, 2013.
  3. The option, representing a right to purchase a total of 15,000 shares, became exercisable as follows: 25% on February 2, 2007; 25% on February 2, 2008; 25% on February 2, 2009; and 25% on February 2, 2010.