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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print of Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
McCaw Roberta L.
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(Last) (First) (Middle)
1850 Parkway Place
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(Street)
Marietta GA 30067
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(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Matria Healthcare, Inc. (MATR)
________________________________________________________________________________
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
________________________________________________________________________________
4. Statement for Month/Day/Year
4-14-03
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5. If Amendment, Date of Original (Month/Day/Year)
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|_| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
V.P. - Legal, General Counsel & Secretary
____________________________________________________________________
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check Applicable line)
|X| Form Filed by One Reporting Person
|_| Form Filed by More than One Reporting Person
________________________________________________________________________________
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5.
Amount of 6.
4. Securities Owner-
Securities Acquired (A) or Beneficially ship
2A. 3. Disposed of (D) Owned Form: 7.
2. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of
Trans- Execution Code ------------------------------- Reported (D) or Indirect
1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date any ------------ or (Instr. 3 & (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4)
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Common Stock 4-14-03 -- J V 227 A $7.77 5,612 D
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" " 500 I By minor
-- -- -- -- -- -- children
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(J) Purchased pursuant to Issuer's stock purchase plan for the quarter ended
March 31, 2003.
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9.
Number 10.
of Owner-
deriv- ship
ative Form
2. Secur- of
Conver- 5. 7. ities Deriv- 11.
sion Number of Title and Amount Bene- ative Nature
or Derivative 6. of Underlying 8. ficially Secur- of
Exer- 3A. 4. Securities Date Securities Price Owned ity: In-
cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct
Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene-
1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Option
(right to
buy) $22.00 2-27-00 2-27-07 Common 750 750 D
Stock
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" $26.75 4-1-00 10-20-07 " 2,156 2,156 D
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" $21.00 2-24-02 2-24-08 " 4,019 4,019 D
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" $17.50 4-23-02 4-23-08 " 625 625 D
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" $16.50 1-19-02 1-19-09 " 4,325 4,325 D
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" $21.50 (a) 2-23-10 " 4,430 4,430 D
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" $14.63 (b) 2-16-11 " 4,430 4,430 D
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" $15.85 (c) 5-24-11 " 1,500 1,500 D
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" $18.91 (d) 7-24-11 " 4,500 4,500 D
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" $18.55 (e) 2-19-12 " 3,140 3,140 D
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" $ 8.76 (f) 3-12-13 " 6,900 6,900 D
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Explanation of Responses:
(a) 1,477 shares vested 2/23/02 with remaining shares to vest no later than
2/23/04 or may accelerate on anniversary of grant based on Matria's performance.
(b) Granted 2/16/01 with full vesting to occur no later than 4 years from
2/16/01 and no sooner than 2 years from 2/16/01 with acceleration based on
Matria's performance. (c) Granted 5/24/01 with full vesting to occur no later
than 4 years from 5/24/01 and no sooner than 2 years from 5/24/01 with
acceleration based on Matria's performance. (d) Granted 7/24/01 with full
vesting to occur no later than 4 years from 7/24/01 and no sooner than 2 years
from 7/24/01 with acceleration based on Matria's performance. (e) Granted
2/19/02 with full vesting to occur no later than 4 years from 2/19/02 and no
sooner than 2 years from 2/19/02 with acceleration based on Matria's performance
(f) Granted 3/12/03 and vests 20% per annum thereafter.
/s/ Roberta L. McCaw 4-22-03
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**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.
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