FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WOLK TONY 		2. Issuer Name and Ticker or Trading Symbol

UNIVERSAL AMERICAN CORP. [ UAM ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP, General Counsel
(Last)          (First)          (Middle)

44 SOUTH BROADWAY, SUITE 1200 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/28/2017
(Street)

WHITE PLAINS, NY 10601-4411
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   4/28/2017     D    91720   D   (1) 0   D    
Common Stock   4/28/2017     D    181075   D   (2) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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 Options (Right to Buy)   $6.18   4/28/2017     D         12500      (3)   (3) Common Stock   12500     (3) 0   D    
Stock Options (Right to Buy)   $6.05   4/28/2017     D         12559      (3)   (3) Common Stock   12559     (3) 0   D    
Stock Options (Right to Buy)   $6.05   4/28/2017     D         12560      (4)   (4) Common Stock   12560     (4) 0   D    
Stock Options (Right to Buy)   $8.41   4/28/2017     D         3265      (3)   (3) Common Stock   3265     (3) 0   D    
Stock Options (Right to Buy)   $8.41   4/28/2017     D         6530      (4)   (4) Common Stock   6530     (4) 0   D    
Stock Options (Right to Buy)   $6.09   4/28/2017     D         4574      (3)   (3) Common Stock   4574     (3) 0   D    
Stock Options (Right to Buy)   $6.09   4/28/2017     D         13724      (4)   (4) Common Stock   13724     (4) 0   D    
Stock Options (Right to Buy)   $8.41   4/28/2017     D         13060      (4)   (4) Common Stock   13060     (4) 0   D    
Stock Options (Right to Buy)   $6.09   4/28/2017     D         4574      (3)   (3) Common Stock   4574     (3) 0   D    
Stock Options (Right to Buy)   $6.09   4/28/2017     D         13724      (4)   (4) Common Stock   13724     (4) 0   D    

Explanation of Responses:
(1)  Pursuant to that certain Agreement and Plan of Merger, dated as of November 17, 2016 (the "Merger Agreement"), by and among Universal American Corp. (the "Company"), WellCare Health Plans, Inc. and Wind Merger Sub, Inc., at the Effective Time (as defined in the Merger Agreement) (the "Effective Time"), each of these shares of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the per share merger consideration of $10.00 (the "Per Share Merger Consideration").
(2)  Pursuant to the Merger Agreement, at the Effective Time, each of these unvested shares of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Merger Consideration, subject to conditions set forth in the Merger Agreement.
(3)  Pursuant to the Merger Agreement, at the Effective Time, each of these stock options was cancelled and converted into the right to receive a cash payment equal to the excess, if any, of the Per Share Merger Consideration over the per share exercise price of such stock option multiplied by the aggregate number of shares of common stock in respect of such stock option immediately before the Effective Time.
(4)  Pursuant to the Merger Agreement, at the Effective Time, each of these unvested stock options was cancelled and converted into the right to receive a cash payment equal to the excess, if any, of the Per Share Merger Consideration over the per share exercise price of such stock option multiplied by the aggregate number of shares of common stock in respect of such stock option immediately before the Effective Time, subject to conditions set forth in the Merger Agreement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WOLK TONY
44 SOUTH BROADWAY
SUITE 1200
WHITE PLAINS, NY 10601-4411

EVP, General Counsel

Signatures
/s/ Tony Wolk 5/2/2017
** 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).
** 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 control number.
Universal American Corp. New (delisted) (NYSE:UAM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Universal American Corp. New (delisted) Charts.
Universal American Corp. New (delisted) (NYSE:UAM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Universal American Corp. New (delisted) Charts.