SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

White William Snowden

(Last)

(First)

(Middle)

C/O WELLCARE HEALTH PLANS, INC.

8725 HENDERSON ROAD

(Street)

TAMPA

33634

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/31/2008

3. Issuer Name and Ticker or Trading Symbol
WELLCARE HEALTH PLANS, INC. [ WCG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	12,432	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to buy)	⁽¹⁾	02/06/2014	Common Stock	1,017	$8.33	D
Employee Stock Option (Right to buy)	⁽²⁾	11/03/2014	Common Stock	2,188	$23.5	D
Employee Stock Option (Right to buy)	⁽³⁾	07/27/2012	Common Stock	3,280	$36.45	D
Employee Stock Option (Right to buy)	⁽⁴⁾	03/13/2013	Common Stock	4,000	$41.74	D
Employee Stock Option (Right to buy)	⁽⁵⁾	07/27/2013	Common Stock	8,056	$50.16	D
Employee Stock Option (Right to buy)	⁽⁶⁾	09/13/2011	Common Stock	8,220	$85.53	D
Employee Stock Option (Right to buy)	⁽⁷⁾	11/28/2012	Common Stock	40,000	$45.25	D
Employee Stock Option (Right to buy)	⁽⁸⁾	03/06/2015	Common Stock	13,636	$43.45	D

Explanation of Responses:

1. Options are currently vested.

2. 1,771 options are currently vested, 104 options vest on August 31, 2008, 104 options vest on September 30, 2008, 104 options vest on October 31, 2008 and 105 options vest on November 30, 2008.

3. 1,640 options are currently vested, 820 options vest on July 27, 2009 and 820 options vest on July 27, 2010.

4. 1,000 options are currently vested, 1,000 options vest on March 13, 2009, 1,000 options vest on March 13, 2010 and 1,000 options vest on March 13, 2011.

5. 3,222 options are currently vested, 1,611 options vest on July 27, 2009, 1,611 options vest on July 27, 2010 and 1,612 options vest on July 27, 2011.

6. 4,785 options are currently vested, 1,145 options vest on March 13, 2009, 1,145 options vest on March 13, 2010 and 1,145 options vest on March 13, 2011.

7. 40,000 options vest on November 28, 2009.

8. 3,409 options vest on March 6, 2009, 3,409 options vest on March 6, 2010, 3,409 options vest on March 6, 2011 and 3,409 options vest on March 6, 2012.

Remarks:

	/s/ Michael Haber, Attorney-in-fact	08/05/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.