CVS HEALTH Corp — Director's Dealing 2012

Apr 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CVS CAREMARK CORP (CVS)
CIK: 0000064803
Period of Report: 2012-04-02

Reporting Person: MERLO LARRY J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-02	Common Stock (restricted)	A	83204	$45.07	Acquired	288004	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-02	Stock Option	$45.07	A	332736	Acquired	2019-04-02	Common Stock (332736)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	147380.5269	Direct
Common Stock	333126.6339	Indirect
ESOP Common Stock	6239.5451	Indirect
Stock Unit	278877.9157	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Credits	$1.00		Common Stock (5205.5266)	5205.5266	Direct
Stock Option	$30.035	2013-04-03	Common Stock (161359)	161359	Direct
Stock Option	$34.42	2014-04-02	Common Stock (136089)	136089	Direct
Stock Option	$41.17	2015-04-01	Common Stock (144144)	144144	Direct
Stock Option	$28.10	2016-04-01	Common Stock (185572)	185572	Direct
Stock Option	$36.23	2017-04-01	Common Stock (152988)	152988	Direct
Stock Option	$34.96	2018-04-01	Common Stock (241150)	241150	Direct

Footnotes

F1: Consists of Restricted Stock Units awarded pursuant to Issuer's 2010 Incentive Compensation Plan. Restrictions lapse 50% on 4/2/2015 and 50% on 4/2/2017.

F2: Option becomes exercisable in four equal annual installments, commencing 4/2/2013.

F3: Each share credit is equivalent to one share; 1-for-1 conversion.

F4: Reflects 2002 and 2003 year end company match share credits of 33 and 27, respectively, under a non-qualified deferred compensation plan; share credits are payable in cash only, at such time as has been elected by the reporting person.

F5: Reflects year end company match share credits under a non-qualified deferred compensation plan; share credits are payable in cash only, at such timee as has been elected by the reporting person.

F6: Option became exercisable in three equal annual installments, commencing 4/3/2007.

F7: Option became exercisable in three equal annual installments, commencing 4/2/2008.

F8: Option became exercisable in three equal annual installments, commencing 4/1/2009.

F9: Option became exercisable in three equal annual installments, commencing 4/1/2010.

F10: Option became exercisable in three equal annual installments, commencing 4/1/2011.

F11: Option became exercisable in four equal annual installments, commencing 4/1/2012.