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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1410471	Ipc The Hospitalist Company Inc.	IPCM	Services-Misc Health & Allied Services, Nec (8090)	954562058

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1424036	G Devra Shapiro	C/O Ipc The Hospitalist Company, Inc. 4605 Lankershim Blvd., Ste 617 North Hollywood CA 91602	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-07-13	4,309	$5.25	7,009	No	4	M	Direct
Common Stock	Disposition	2011-07-13	4,309	$49.47	2,700	No	4	S	Direct
Common Stock	Acquisiton	2011-07-13	691	$17.54	3,391	No	4	M	Direct
Common Stock	Disposition	2011-07-13	691	$49.47	2,700	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right-to-Buy)	Disposition	2011-07-13	4,309	$0.00	4,309	$5.25
Commn Stock	Stock Option (Right-to-Buy)	Disposition	2011-07-13	691	$0.00	691	$17.54

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,256		2017-07-19	No	4	M	Direct
44,309		2018-03-19	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	48,512	Indirect	The Alan and Devra Shapiro Trust

Footnotes

The option execise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2011.
The sale price represnets the weighted average sale price of the shares sold ranging from $49.41 to $49.52.
Amount includes 2,700 shares of Common Stock subject to unvested Restricted Stock Grant.
Options were granted on July 19, 2007. 25% of the options vest twelve months after the anniversary of the grant date. The remainder will vest in equal amounts monthly over the subsequent 36 months.
Options were granted on March 19, 2008. 25% of the options vest twelve months after the anniversary of the grant date. The remainder will vest in equal amounts monthly over the subsequent 36 months.