X0303 4 2011-04-29 0 0000709878 CAREMARK ULYSSES HOLDING CORP. UAM 0001346520 Carpenter Theodore M Jr UNIVERSAL AMERICAN CORP. 6 INTERNATIONAL DRIVE RYE BROOK NY 10573 0 1 0 0 CEO of Subsidiary Common Stock 2011-04-29 4 D 0 170930 D 0 D Common Stock 2011-04-29 4 D 0 2430 D 0 I By 401(k) Plan Stock Option (Right to Buy) 8.70 2011-04-29 4 D 0 60000 8.70 D 2014-05-28 Common Stock 60000 0 D Stock Option (Right to Buy) 16.47 2011-04-29 4 D 0 40687 16.47 D 2014-02-12 Common Stock 40687 0 D Stock Option (Right to Buy) 18.32 2011-04-29 4 D 0 4688 18.32 D 2014-02-12 Common Stock 4688 0 D Stock Option (Right to Buy) 20.35 2011-04-29 4 D 0 4687 20.35 D 2014-02-12 Common Stock 4687 0 D Stock Option (Right to Buy) 22.58 2011-04-29 4 D 0 4688 22.58 D 2014-02-12 Common Stock 4688 0 D Stock Option (Right to Buy) 19.15 2011-04-29 4 D 0 12500 19.15 D 2014-06-14 Common Stock 12500 0 D Stock Option (Right to Buy) 21.83 2011-04-29 4 D 0 50000 21.83 D 2014-10-25 Common Stock 50000 0 D Stock Option (Right to Buy) 12.00 2011-04-29 4 D 0 35000 12.00 D 2015-03-28 Common Stock 35000 0 D Stock Option (Right to Buy) 13.40 2011-04-29 4 D 0 5000 13.40 D 2015-03-28 Common Stock 5000 0 D Stock Option (Right to Buy) 14.94 2011-04-29 4 D 0 5000 14.94 D 2015-03-28 Common Stock 5000 0 D Stock Option (Right to Buy) 16.63 2011-04-29 4 D 0 5000 16.63 D 2015-03-28 Common Stock 5000 0 D Stock Option (Right to Buy) 8.47 2011-04-29 4 D 0 60000 8.47 D 2014-02-11 Common Stock 60000 0 D Stock Option (Right to Buy) 11.71 2011-04-29 4 D 0 45000 11.71 D 2015-02-12 Common Stock 45000 0 D Includes common stock, restricted shares and performance shares, in each case that were exchangeable in the merger (the "Merger") contemplated by the Agreement and Plan of Merger, dated December 30, 2010, by and between the issuer, CVS Caremark Corporation and Ulysses Merger Sub, L.L.C. (as amended, the "Merger Agreement") for (a) $14.00 in cash and (b) one share of common stock, par value $0.01 per share, of Universal American Spin Corp. (subsequently renamed Universal American Corp. ) (the "New UAM Common Stock"). New UAM Common Stock closed at $9.33 per share on the first full trading day after the closing date of the Merger. Disposed of pursuant to the Merger Agreement in exchange for (a) $14.00 in cash and (b) one share of New UAM Common Stock, for each share owned. Stock options canceled in the Merger in exchange for an amount equal to $23.34 (the issuer's closing stock price on April 28, 2011, the last full trading day immediately prior to the closing date of the Merger) less the applicable exercise price of stock options (such amount being referred to as the "Option Payment"). The Option Payment is payable 50% in cash and 50% by delivery of shares of New UAM Common Stock /s/ Tony L. Wolk (POA) 2011-04-29