X0303 4 2011-05-13 0 0000773660 HealthMarkets, Inc. N/A 0001437210 HILDEBRAND PHILLIP JOHN 9151 BOULEVARD 26 NORTH RICHLAND HILLS TX 76180 1 1 0 0 Chairman Class A-1 Common Stock 2011-05-13 4 F 0 53514 9.35 D 345307 D Stock Option 15.43 2009-09-21 2012-04-01 Class A-1 Common Stock 354655 354655 D Pursuant to the terms of Mr. Hildebrand's Transition Agreement dated as of September 27, 2010, all outstanding vested stock options shall remain exercisable through the close of business on the first anniversary of the Resignation Date, and shall then expire to the extent not previously exercised. Mr. Hildebrand resigned as CEO of the Company effective April 1, 2011. Phillip J. Hildebrand By: /s/ Peggy G. Simpson, POA 2011-05-16