Ownership Submission
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

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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
RYAN THOMAS M
  2. Issuer Name and Ticker or Trading Symbol
CVS CAREMARK CORP [CVS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO & President
(Last)
(First)
(Middle)
ONE CVS DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2010
(Street)

WOONSOCKET, RI 02895-
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 (restricted) 04/01/2010   A   120,757 (1) A $ 0 672,828.4102 D  
Common Stock 04/02/2010   F   25,248 (2) D $ 36.23 821,345.8778 D  
Common Stock               37,000 I By Foundation
Common Stock               736,533 I By Trust As Beneficiary
ESOP Common Stock               8,260.511 I By ESOP
Stock Unit               1,080,705.7293 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

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 Underlying Securities
(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 $ 36.23 04/01/2010   A   446,215 (3)   04/01/2011 04/01/2017 Common Stock 446,215 $ 0 446,215 D  
Phantom Stock Credits $ 1 (4)               (5)(6)(7)   (5)(6)(7) Common Stock 17,156   17,156 D  
Stock Option $ 25             03/10/2001 03/10/2009 Common Stock 298,300   298,300 D  
Stock Option $ 14.9625             01/02/2003 01/02/2012 Common Stock 1,012,124   1,012,124 D  
Stock Option $ 30.2625             03/07/2003 03/07/2011 Common Stock 500,000   500,000 D  
Stock Option $ 17.6675             01/08/2005 01/08/2011 Common Stock 400,000   400,000 D  
Stock Option $ 12.5625             01/09/2005 01/09/2013 Common Stock 900,000   900,000 D  
Stock Option $ 22.445             01/05/2006 01/05/2012 Common Stock 400,000   400,000 D  
Stock Option $ 30.035             04/03/2007(8) 04/03/2013 Common Stock 491,761   491,761 D  
Stock Option $ 34.42             04/02/2008(9) 04/02/2014 Common Stock 403,226   403,226 D  
Stock Option $ 41.17             04/01/2009(10) 04/01/2015 Common Stock 634,233   634,233 D  
Stock Option $ 28.1             04/01/2010(11) 04/01/2016 Common Stock 660,205   660,205 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RYAN THOMAS M
ONE CVS DRIVE
WOONSOCKET, RI 02895-
  X     CEO & President  

Signatures

 Thomas M. Ryan   04/05/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Consists of Restricted Stock Units awarded pursuant to Issuer's 1997 Incentive Compensation Plan. Restrictions lapse on two equal installments 50% on 4/1/2013 and 50% on 4/1/2015.
(2) Surrender of shares in payment of withholding taxes due.
(3) Option becomes exercisable in three equal annual installments, commencing 4/1/2011.
(4) Each share credit is equivalent to one share; 1-for-1 conversion.
(5) Reflects 2002 and 2003 year end company match share credits of 33 and 581, respectively, under a non-qualified deferred compensation plan; share credits are payable in cash only, at such time as has been elected by the reporting person.
(6) Reflects employee contribution share credits and year end company match share credits, under a non-qualified deferred compensation plan; share credits are payable in cash only, at such time as has been elected by the reporting person.
(7) Reflects year end company match share credits under a non-qualified deferred compensation plan; share credits are payable in cash only, at such time as has been elected by the reporting person.
(8) Option becomes exercisable in three equal annual installments, commencing 4/3/2007
(9) Option becomes exercisable in three equal annual installments, commencing 4/2/2008.
(10) Option becomes exercisable in three equal annual installments, commencing 4/1/2009.
(11) Option becomes exercisable in three equal annual installments, commencing 4/1/2010.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.