SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SGARRO DOUGLAS A

(Last) (First) (Middle)
ONE CVS DRIVE

(Street)
WOONSOCKET RI 02895-

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CVS CAREMARK CORP [ CVS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and CLO
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2012
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/02/2012 M 44,622 A $36.23 52,843.1895 D
Common Stock 04/02/2012 F 3,399 (2) D $45.07 72,889.1895 D
Common Stock 04/02/2012 M 23,445 A $34.96 76,288.1895 D
Common Stock 04/02/2012 M 64,237 A $28.1 137,126.1895 D
Common Stock 04/02/2012 S (1) 44,622 D $44.96 (3) 92,504.1895 D
Common Stock 04/02/2012 S (1) 23,445 D $44.96 (4) 69,059.1895 D
Common Stock 04/02/2012 S (1) 64,237 D $44.96 (5) 4,822.1895 D
Common Stock 04/04/2012 S (1) 4,608 D $44.65 (6) 214.1895 D
Common Stock (restricted) 91,382 D
ESOP Common Stock 2,211.8523 I By ESOP
Stock Unit 14,681 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $36.23 04/02/2012 M 44,622 04/01/2011 (7) 04/01/2017 Common Stock 44,622 $0 44,622 D
Stock Option $34.96 04/02/2012 M 23,445 04/01/2012 (8) 04/01/2018 Common Stock 23,445 $0 70,336 D
Stock Option $28.1 04/02/2012 M 64,237 04/01/2010 (9) 04/01/2016 Common Stock 64,237 $0 0 D
Stock Option $41.17 04/01/2009 (10) 04/01/2015 Common Stock 172,973 172,973 D
Explanation of Responses:
1. All sales were effected pursuant to a Rule 10b5-1 plan.
2. Surrender of shares in payment of withholding taxes due.
3. Represents weighted average sale price for this trading day. Multiple sales were executed, with sales prices ranging between $44.21 and $45.18 per share.
4. Represents weighted average sale price for this trading day. Multiple sales were executed, with sales prices ranging between $44.21 and $45.18 per share.
5. Represents weighted average sale price for this trading day. Multiple sales were executed, with sales prices ranging between $44.21 and $45.18 per share.
6. Represents weighted average sale price for this trading day. Multiple sales were executed, with sales prices ranging between $44.64 and $44.66 per share.
7. Option became exercisable in three equal annual installments, commencing 4/1/2011.
8. Option becomes exercisable in four equal annual installments, commencing 4/1/2012.
9. Option became exercisable in three equal annual installments, commencing 4/1/2010.
10. Option became exercisable in three equal annual installments, commencing 4/1/2009.
Douglas A. Sgarro 04/04/2012
** 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 4 (b)(v).
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