Edgar Filing: WELLCARE HEALTH PLANS, INC.

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Michael Yount

2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2014

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

(Last)

(First)

(Middle)

8735 HENDERSON ROAD

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chief Compliance Officer

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

(Street)

TAMPA,Â FLÂ 33634

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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	806	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: 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		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	161	$ ⁽⁷⁾	D	Â
Restricted Stock Units	Â ⁽²⁾	Â ⁽²⁾	Common Stock	376	$ ⁽⁷⁾	D	Â
Restricted Stock Units	Â ⁽³⁾	Â ⁽³⁾	Common Stock	644	$ ⁽⁷⁾	D	Â
Market Stock Units	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	404	$ ⁽⁸⁾	D	Â
Market Stock Units	Â ⁽⁵⁾	Â ⁽⁵⁾	Common Stock	400	$ ⁽⁹⁾	D	Â
Market Stock Units	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	561	$ ⁽¹⁰⁾	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Michael Yount 8735 HENDERSON ROAD TAMPA,Â FLÂ 33634	Â	Â	Â Chief Compliance Officer	Â

Signatures

/s/ Michael Haber, Attorney-in-fact		05/07/2014
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The restricted stock units vest on March 1, 2015. Vested shares will be delivered to the Reporting Person upon vest.
(2)	The restricted stock units vest in equal increments on March 1, 2015 and March 1, 2016. Vested shares will be delivered to the Reporting Person upon vest.
(3)	The restricted stock units vest in approximately equal increments on March 1, 2015, March 1, 2016 and March 1, 2017. Vested shares will be delivered to the Reporting Person upon vest.
(4)	The market stock units vest on March 1, 2015. Vested shares will be delivered to the Reporting Person upon vest.
(5)	The market stock units vest on March 1, 2016. Vested shares will be delivered to the Reporting Person upon vest.
(6)	The market stock units vest on March 1, 2017. Vested shares will be delivered to the Reporting Person upon vest.
(7)	Each restricted stock unit represents a contingent right to receive one share of WCG common stock.
(8)	Each market stock unit represents a contingent right to receive up to 1.5 shares of WCG common stock. Vesting will be determined based on the average closing price for the last thirty trading days in 2014.
(9)	Each market stock unit represents a contingent right to receive up to 2.0 shares of WCG common stock. Vesting will be determined based on the average closing price for the last thirty trading days in 2015.
(10)	Each market stock unit represents a contingent right to receive up to 2.0 shares of WCG common stock. Vesting will be determined based on the average closing price for the last thirty trading days in 2016.

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