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CVS HEALTH Corp Director's Dealing 2011

May 13, 2011

29875_dirs_2011-05-13_f881cef8-4b98-4667-9753-79b329fb4337.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CVS CAREMARK CORP (CVS)
CIK: 0000064803
Period of Report: 2011-05-11

Reporting Person: BROWN C DAVID II (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-11 Common Stock A 133 $37.50 Acquired 52256 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-11 Share Credits $0 A 3466.6667 Acquired Common Stock (3466.6667) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $8.42 2012-01-02 Common Stock (46844) 46844 Direct
Stock Option $9.17 2013-02-25 Common Stock (36170) 36170 Direct

Footnotes

F1: Consists of common stock issued in payment of a semi-annual retainer.

F2: Consists of share credits issued for deferral of a semi-annual retainer, at the market price, pursuant to the 2010 Incentive Compensation Plan.

F3: Consists of Deferred Stock Compensation payable pursuant to Reporting Person's election.

F4: Option acquired in connection with the merger of Caremark Rx, Inc. with a subsidiary of CVS Corporation and the conversion of Caremark Rx, Inc. stock option to CVS Caremark Corporation stock option. Option is 100% exercisable as of the date of the merger.