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 *
DeVeydt Wayne S
  2. Issuer Name and Ticker or Trading Symbol
WELLPOINT, INC [WLP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Financial Officer
(Last)
(First)
(Middle)
120 MONUMENT CIRCLE
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2011
(Street)

INDIANAPOLIS, IN 46204
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 03/01/2011   F   2,640 (1) D $ 65.98 159,313.4 D  
Common Stock 03/01/2011   A   10,458 (2) A $ 0 169,771.4 D  
Common Stock 03/02/2011   F   28,117 (1) D $ 66.81 141,654.4 D  
Common Stock 03/02/2011   M   23,800 A $ 30.1 165,454.4 D  
Common Stock 03/02/2011   S   23,800 D $ 67 (3) 141,654.4 D  
Common Stock 03/03/2011   M   14,652 A $ 30.1 156,306.4 D  
Common Stock 03/03/2011   S   60,665.32 D $ 68.44 (4) 95,641.08 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
Employee Stock Option (Right to Buy) $ 65.98 03/01/2011   A   26,426     (5) 03/01/2018 Common Stock 26,426 $ 0 26,426 D  
Employee Stock Option (Right to Buy) $ 30.1 03/02/2011   M     23,800   (6) 03/02/2016 Common Stock 23,800 $ 0 53,105 D  
Employee Stock Option (Right to Buy) $ 30.1 03/03/2011   M     14,652   (7) 03/02/2016 Common Stock 14,652 $ 0 38,453 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DeVeydt Wayne S
120 MONUMENT CIRCLE
INDIANAPOLIS, IN 46204
      EVP & Chief Financial Officer  

Signatures

 /s/ Kathleen S. Kiefer, Attorney in fact   03/03/2011
**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) PAYMENT OF TAX LIABILITY BY WITHHOLDING STOCK INCIDENT TO THE VESTING OF PREVIOUSLY GRANTED RESTRICTED STOCK.
(2) Represents restricted share units. Restrictions lapse as follows: 3,486 each on 3/1/12, 12/10/12 and 3/1/14.
(3) This transaction was executed in multiple trades at prices ranging from $67.00 to $67.01. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(4) This transaction was executed in multiple trades at prices ranging from $68.16 to $68.85. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(5) Exercisable in four installments of 4,404 each on 9/1/11, 3/1/12, 9/1/12, 3/1/13, and two installments of 4,405 each on 9/1/13 and 3/1/14.
(6) 19,226 options vested on 9/2/10 and 4,574 vested on 3/2/11; of te remaining 53,105 options, 14,652 vested on 3/2/11, 19,226 vest on 9/2/11 and 19,227 vest on 3/2/12.
(7) Exercised options vested on 3/2/11; of the remaining 38,453 options, 19,226 vest on 9/2/2011 and 19,227 vest on 3/2/2012.

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.