Mark T Bertolini, Aetna Inc.'s Chairman and CEO and a director of the company, recently disposed of 4,000 shares of the company. The disposals took place at $0.00 per share, on June 17, 2015. Bertolini still owns 846,258 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Bertolini operates out of Hartford, CT. Some additional info was provided as follows:
Performance Stock Appreciation Rights ("PSARs") granted under the 2010 Stock Incentive Plan (the "Plan"). Each PSAR represents a right to recieve up to 700,000 PSARs, depending on whether the perfomance goal is met.
PSARs originally granted on August 5, 2013. Units vested based on the Company's total shareholder return relative to the median tota
l shareholder return of a specified peer group during the performance period (August 5, 2013 to August 5, 2016). The award is described in the Company's Form 8-K filed on August 5, 2013. On August 8, 2016, the Company's Committee on Compensation and Talent Management determined that the perfomance goal had been achieved at the third position performance level for the performance period.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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