Health Management Associates 8-K 2005
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 1, 2005
Health Management Associates, Inc.
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: (239) 598-3131
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 8.01. Other Events.
On December 1, 2005, William J. Schoen, the non-employed Chairman of the Board of Health Management Associates, Inc. (the Company), terminated his pre-arranged stock trading plan that he had previously adopted in accordance with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. The terms of Mr. Schoens Rule 10b5-1 stock trading plan permitted this termination.
On August 25, 2005, the Company disclosed the adoption by Mr. Schoen of his Rule 10b5-1 stock trading plan and its applicability to a maximum of 3,175,000 shares of the Companys common stock that he may acquire upon exercise of currently exercisable stock options. Prior to its termination, Mr. Schoen exercised and sold 1,544,700 shares of the Companys common stock pursuant to his Rule 10b5-1 stock trading plan.
By making this announcement, the Company does not undertake to report to any future Rule 10b5-1 stock trading plan terminations, modifications, transactions or other activities, except as may be required by law.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.