Filing Details

Accession Number:
0001225208-11-006969
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-24 09:50:26
Reporting Period:
2011-02-22
Filing Date:
2011-02-24
Accepted Time:
2011-02-24 09:50:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1064863 Amerigroup Corp AGP Hospital & Medical Service Plans (6324) 541739323
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1263715 Jr A Leon Root 4425 Corporation Lane
Virginia Beach VA 23462
Executive Vice President 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 2011-02-22 2,602 $18.54 35,966 No 4 M Direct
Common Stock Disposition 2011-02-22 2,602 $56.42 33,364 No 4 S Direct
Common Stock Acquisiton 2011-02-23 2,048 $0.00 35,412 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 2011-02-22 2,602 $0.00 2,602 $18.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2007-01-01 2014-02-11 No 4 M Direct
Footnotes
  1. Transaction executed pursuant to 10(b)5-1 plan.
  2. On May 13, 2010, the Issuer awarded 2,048 shares of restricted stock to the Reporting Person pursuant to the Issuer's 2009 Equity Incentive Plan, with such shares being subject to reduction at a rate of 2% of the shares for every $0.01 of diluted earnings per share less than $2.50 earned by the Issuer in 2010, as determined under U.S. generally accepted accounting principles, subject to certain adjustments. Based on the Issuer's $5.40 earnings per diluted share for the year ended December 31, 2010 as set forth in the Issuer's audited consolidated financial statements, the 2,048 shares of restricted stock shall not be reduced and 2,048 shares shall vest over four (4) years, with twenty-five percent (25%) vesting on April 30, 2011, and twenty-five percent (25%) vesting on April 30th of each year thereafter, such that all shares shall be vested on April 30, 2014, subject to Reporting Person's continued employment.
  3. The transaction is a grant of Restricted Stock for which no consideration was paid.
  4. The transaction was an exercise of stock options.