SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* WOLF DALE B (Last) (First) (Middle) 6705 ROCKLEDGE DRIVE SUITE 900 (Street) BETHESDA MD 20817 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol COVENTRY HEALTH CARE INC [ CVH ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer
	3. Date of Earliest Transaction (Month/Day/Year) 02/19/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	02/19/2008		M		35,000	A	$19.3	249,696(1)	D(2)
Common Stock	02/19/2008		S		300	D	$54.23	249,396(3)	D(4)
Common Stock	02/19/2008		S		100	D	$54.24	249,296(5)	D(6)
Common Stock	02/19/2008		S		100	D	$54.26	249,196(7)	D(8)
Common Stock	02/19/2008		S		100	D	$54.27	249,096(9)	D(10)
Common Stock	02/19/2008		S		400	D	$54.28	248,696(11)	D(12)
Common Stock	02/19/2008		S		300	D	$54.29	248,396(13)	D(14)
Common Stock	02/19/2008		S		200	D	$54.3	248,196(15)	D(16)
Common Stock	02/19/2008		S		200	D	$54.31	247,996(17)	D(18)
Common Stock	02/19/2008		S		200	D	$54.32	247,796(19)	D(20)
Common Stock	02/19/2008		S		600	D	$54.34	247,196(21)	D(22)
Common Stock	02/19/2008		S		1,500	D	$54.35	245,696(23)	D(24)
Common Stock	02/19/2008		S		200	D	$54.36	245,496(25)	D(26)
Common Stock	02/19/2008		S		700	D	$54.37	244,796(27)	D(28)
Common Stock	02/19/2008		S		100	D	$54.375	244,696(29)	D(30)
Common Stock	02/19/2008		S		1,900	D	$54.38	242,796(31)	D(32)
Common Stock	02/19/2008		S		500	D	$54.39	242,296(33)	D(34)
Common Stock	02/19/2008		S		1,600	D	$54.4	240,696(35)	D(36)
Common Stock	02/19/2008		S		1,155	D	$54.41	239,541(37)	D(38)
Common Stock	02/19/2008		S		1,160	D	$54.42	238,381(39)	D(40)
Common Stock	02/19/2008		S		800	A	$54.43	237,581(41)	D(42)
Common Stock	02/19/2008		S		1,200	D	$54.44	236,381(43)	D(44)
Common Stock	02/19/2008		S		999	D	$54.45	235,382(45)	D(46)
Common Stock	02/19/2008		S		901	D	$54.46	234,481(47)	D(48)
Common Stock	02/19/2008		S		2,795	D	$54.47	231,686(49)	D(50)
Common Stock	02/19/2008		S		600	D	$54.48	231,086(51)	D(52)
Common Stock	02/19/2008		S		1,590	D	$54.49	229,496(53)	D(54)
Common Stock	02/19/2008		S		300	D	$54.5	229,196(55)	D(56)
Common Stock	02/19/2008		S		200	D	$54.51	228,996(57)	D(58)
Common Stock	02/19/2008		S		200	D	$54.2	228,796(59)	D(60)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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
Non-Qualified Stock Option	$19.3	02/19/2008		M			35,000	06/25/2007	06/25/2013	Common Stock	35,000	$0	2,157,000	D

Explanation of Responses:

1. Includes the following: Table I-Non-Derivative Securities comprised of 35,000 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

2. See Footnote 1 for shares held directly and indirectly.

3. Includes the following: Table I-Non-Derivative Securities comprised of 34,700 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

4. See Footnote 3 for shares held directly and indirectly.

5. Includes the following: Table I-Non-Derivative Securities comprised of 34,600 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

6. See Footnote 5 for shares held directly and indirectly.

7. Includes the following: Table I-Non-Derivative Securities comprised of 34,500 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

8. See Footnote 7 for shares held directly and indirectly.

9. Includes the following: Table I-Non-Derivative Securities comprised of 34,400 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

10. See Footnote 9 for shares held directly and indirectly.

11. Includes the following: Table I-Non-Derivative Securities comprised of 34,000 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

12. See Footnote 11 for shares held directly and indirectly.

13. Includes the following: Table I-Non-Derivative Securities comprised of 33,700 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

14. See Footnote 13 for shares held directly and indirectly.

15. Includes the following: Table I-Non-Derivative Securities comprised of 33,500 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

16. See Footnote 15 for shares held directly and indirectly.

17. Includes the following: Table I-Non-Derivative Securities comprised of 33,300 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

18. See Footnote 17 for shares held directly and indirectly.

19. Includes the following: Table I-Non-Derivative Securities comprised of 33,100 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

20. See Footnote 19 for shares held directly and indirectly.

21. Includes the following: Table I-Non-Derivative Securities comprised of 32,500 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

22. See Footnote 21 for shares held directly and indirectly.

23. Includes the following: Table I-Non-Derivative Securities comprised of 31,000 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

24. See Footnote 23 for shares held directly and indirectly.

25. Includes the following: Table I-Non-Derivative Securities comprised of 30,800 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

26. See Footnote 25 for shares held directly and indirectly.

27. Includes the following: Table I-Non-Derivative Securities comprised of 30,100 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

28. See Footnote 27 for shares held directly and indirectly.

29. Includes the following: Table I-Non-Derivative Securities comprised of 30,000 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

30. See Footnote 29 for shares held directly and indirectly.

31. Includes the following: Table I-Non-Derivative Securities comprised of 2,8100 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

32. See Footnote 31 for shares held directly and indirectly.

33. Includes the following: Table I-Non-Derivative Securities comprised of 27,600 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

34. See Footnote 33 for shares held directly and indirectly.

35. Includes the following: Table I-Non-Derivative Securities comprised of 26,000 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

36. See Footnote 35 for shares held directly and indirectly.

37. Includes the following: Table I-Non-Derivative Securities comprised of 24,845 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

38. See Footnote 37 for shares held directly and indirectly.

39. Includes the following: Table I-Non-Derivative Securities comprised of 23,685 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

40. See Footnote 39 for shares held directly and indirectly.

41. Includes the following: Table I-Non-Derivative Securities comprised of 22,885 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

42. See Footnote 41 for shares held directly and indirectly.

43. Includes the following: Table I-Non-Derivative Securities comprised of 21,685 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

44. See Footnote 43 for shares held directly and indirectly.

45. Includes the following: Table I-Non-Derivative Securities comprised of 20,686 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

46. See Footnote 45 for shares held directly and indirectly.

47. Includes the following: Table I-Non-Derivative Securities comprised of 19,785 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

48. See Footnote 47 for shares held directly and indirectly.

49. Includes the following: Table I-Non-Derivative Securities comprised of 16,990 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

50. See Footnote 49 for shares held directly and indirectly.

51. Includes the following: Table I-Non-Derivative Securities comprised of 16,390 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

52. See Footnote 51 for shares held directly and indirectly.

53. Includes the following: Table I-Non-Derivative Securities comprised of 14,800 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

54. See Footnote 53 for shares held directly and indirectly.

55. Includes the following: Table I-Non-Derivative Securities comprised of 14,500 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

56. See Footnote 55 for shares held directly and indirectly.

57. Includes the following: Table I-Non-Derivative Securities comprised of 14,300 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

58. See Footnote 57 for shares held directly and indirectly.

59. Includes the following: Table I-Non-Derivative Securities comprised of 14,100 shares of common stock held directly, 7,061 shares of common stock held indirectly by managed account (401(k) Plan), and 207,635 shares of restricted common stock with restrictions lapsed or lapsing in equal annual increments over three- and four-year periods, held directly.

60. See Footnote 59 for shares held directly and indirectly.

Remarks:

The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person September 17, 2007.

	Dale B. Wolf	02/21/2008
	** Signature of Reporting Person	Date
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