FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BLACK STEVEN H 		2. Issuer Name and Ticker or Trading Symbol

UNIVERSAL AMERICAN CORP. [ UAM ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Administration Officer
(Last)          (First)          (Middle)

44 SOUTH BROADWAY, SUITE 1200 		3. Date of Earliest Transaction (MM/DD/YYYY)

12/28/2016
(Street)

WHITE PLAINS, NY 10601-4411
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/28/2016     M    12500   A $5.86   115845   (1) D    
Common Stock   12/28/2016     F    9202   (2) D $10.01   106643   (1) D    
Common Stock   12/28/2016     M    18750   A $6.18   125393   (1) D    
Common Stock   12/28/2016     F    14184   (2) D $10.01   111209   (1) D    
Common Stock   12/28/2016     M    12560   A $6.05   123769   (1) D    
Common Stock   12/28/2016     F    9398   (2) D $10.01   114371   (1) D    
Common Stock   12/28/2016     M    1633   A $8.41   116004   (1) D    
Common Stock   12/28/2016     F    1467   (2) D $10.01   114537   (1) D    
Common Stock   12/28/2016     M    12500   A $5.86   118530   (3) I   By Wife  
Common Stock   12/28/2016     F    7318   (2) D $10.01   111212   (3) I   By Wife  
Common Stock   12/28/2016     M    18750   A $6.18   129962   (3) I   By Wife  
Common Stock   12/28/2016     F    11576   (2) D $10.01   118386   (3) I   By Wife  
Common Stock   12/28/2016     M    12559   A $6.05   130945   (3) I   By Wife  
Common Stock   12/28/2016     F    7591   (2) D $10.01   123354   (3) I   By Wife  
Common Stock   12/28/2016     M    1632   A $8.41   124986   (3) I   By Wife  
Common Stock   12/28/2016     F    1372   (2) D $10.01   123614   (3) I   By Wife  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Stock Option (Right to Buy)   $6.18   12/28/2016     M         18750      (4) 3/4/2018   Common Stock   18750   $6.18   6250   D    
Stock Option (Right to Buy)   $5.86   12/28/2016     M         12500      (5) 10/16/2017   Common Stock   12500   $5.86   0   D    
Stock Option (Right to Buy)   $6.05   12/28/2016     M         12560      (6) 2/6/2019   Common Stock   12560   $6.05   12558   D    
Stock Option (Right to Buy)   $8.41   12/28/2016     M         1633      (7) 2/13/2020   Common Stock   1633   $8.41   4897   D    
Stock Option (Right to Buy)   $6.18   12/28/2016     M         18750      (4) 3/4/2018   Common Stock   18750   $6.18   6250   I   By Wife  
Stock Option (Right to Buy)   $5.86   12/28/2016     M         12500      (5) 10/16/2017   Common Stock   12500   $5.86   0   I   By Wife  
Stock Option (Right to Buy)   $6.05   12/28/2016     M         12559      (6) 2/6/2019   Common Stock   12559   $6.05   12559   I   By Wife  
Stock Option (Right to Buy)   $8.41   12/28/2016     M         1632      (7) 2/13/2020   Common Stock   1632   $8.41   4898   I   By Wife  

Explanation of Responses:
( 1)  Represents common stock including 83,615 shares of unvested restricted stock.
( 2)  Shares surrendered to issuer in payment of exercise price and tax liability in connection with stock option exercise.
( 3)  Represents common stock including 83,613 shares of unvested restricted stock.
( 4)  Represents grant of stock options which vests in four equal installments beginning March 4, 2014.
( 5)  Represents grant of stock options which vests in four equal installments beginning October 16, 2013.
( 6)  Represents grant of stock options which vests in four equal installments beginning February 6, 2015.
( 7)  Represents grant of stock options which vests in four equal installments beginning February 13, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BLACK STEVEN H
44 SOUTH BROADWAY
SUITE 1200
WHITE PLAINS, NY 10601-4411

Chief Administration Officer

Signatures
/s/ Tony L. Wolk, (POA) 12/29/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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