SEC FORM 4 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
 
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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*
Fahlman Robert L

(Last) (First) (Middle)
C/O EHEALTH, INC.
440 EAST MIDDLEFIELD ROAD

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
eHealth, Inc. [ EHTH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr VP, Carrier Relations & COO
3. Date of Earliest Transaction (Month/Day/Year)
04/11/2007
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 04/11/2007 M(1) 83,521 A $1 87,500 I By Trust(2)
Common Stock 04/11/2007 M(1) 36,479 A $2 123,979 I By Trust(2)
Common Stock 04/11/2007 S(1) 115,000 D $21.81 8,979 I By Trust(2)
Common Stock 04/11/2007 S(1) 5,000 D $22 3,979 I By Trust(2)
Common Stock 04/12/2007 M(1) 10,000 A $2 13,979 I By Trust(2)
Common Stock 04/12/2007 S(1) 10,000 D $22 3,979 I By Trust(2)
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
Employee Stock Option (right to buy) $1 04/11/2007 M 46,021 01/24/2005 01/24/2011 Common Stock 46,021 $0 0 D
Employee Stock Option (right to buy) $1 04/11/2007 M 37,500 01/24/2006 01/24/2012 Common Stock 37,500 $0 0 D
Employee Stock Option (right to buy) $2 04/11/2007 M 36,479 03/27/2004 04/27/2010 Common Stock 36,479 $0 63,521 D
Employee Stock Option (right to buy) $2 04/12/2007 M 10,000 03/27/2004 04/27/2010 Common Stock 10,000 $0 53,521 D
Explanation of Responses:
1. All of the transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
2. Shares are held directly by the Robert Lawrence Fahlman, Jr. and Marion Lee Fahlman Trustees, or the Successor Trustee, of the Robert L. and Marion L. Fahlman Trust Dated October 18, 1994.
Remarks:
/s/ Jennifer Thompson, as attorney-in-fact for Robert L. Fahlman 04/13/2007
** 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 Number.
POWER OF ATTORNEY

      The undersigned, as a Section 16 reporting person of eHealth, Inc. (the

"Corporation") under the Securities Exchange Act of 1934, as amended (the "Exchange

Act"), hereby constitutes and appoints Scott Giesler, Deputy General Counsel and

Assistant Secretary of the Corporation, Chi-Mei Cheng and Jennifer Thompson of the

Corporation, and Caine Moss and Maya Blumenfeld of Wilson Sonsini Goodrich and

Rosati, P.C., and each of them, as the undersigned's true and lawful attorney-in-fact for

the following actions:



* to complete and execute Forms 3, 4 and 5 and other forms and all amendments thereto

as such attorney-in-fact shall in his discretion determine to be required or advisable

pursuant to Section 16 of the Exchange Act and the rules and regulations promulgated

thereunder, or any successor laws and regulations, as a consequence of the undersigned's

ownership, acquisition or disposition of securities of the Corporation; and

* to do all acts necessary in order to file such forms with the Securities and Exchange

Commission, any securities exchange or national association, the Corporation and such

other person or agency as the attorney-in-fact shall deem necessary or appropriate.



      The undersigned hereby ratifies and confirms all that said attorneys-in-fact and agents

shall do or cause to be done by virtue hereof.  The undersigned acknowledges that the

foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned,

are not assuming, nor is the Corporation assuming, any of the undersigned's

responsibilities to comply with Section 16 of the Exchange Act.



      This Power of Attorney shall remain in full force and effect until the undersigned is

no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of

and transactions in securities issued by the Corporation, unless earlier revoked by the

undersigned in a signed writing delivered to the foregoing attorneys-in-fact.



      I hereby revoke any and all powers of attorney relating to the foregoing actions that

previously have been signed by me.  However, the preceding sentence shall not have the

effect of revoking any powers of attorney that are unrelated to the foregoing actions that

previously have been signed by me.



      IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be

executed as of this 7 day of March, 2007.





Signature: /s/ Robert L. Fahlman



Print Name: Robert L. Fahlman