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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Bisaccia Lisa
  2. Issuer Name and Ticker or Trading Symbol
CVS CAREMARK CORP [CVS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Chief HR Officer
(Last)
(First)
(Middle)
ONE CVS DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
11/09/2010
(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 11/09/2010   M   12,381 A $ 20.21 13,385 D  
Common Stock 11/09/2010   S   12,381 D $ 31.04 1,004 D  
Common Stock (restricted)               18,462.5444 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 $ 20.21 11/09/2010   M     12,381 09/08/2007(1) 09/08/2014 Common Stock 12,381 $ 0 0 D  
Phantom Stock Credits $ 0               (2)   (3) Common Stock 535.3872   535.3872 I Direct
Share Credits (4)               (4)   (4) Common Stock 21,311.6238   21,311.6238 D  
Stock Option $ 30.035             04/03/2007(5) 04/03/2013 Common Stock 11,987   11,987 D  
Stock Option $ 34.42             04/02/2008(6) 04/03/2014 Common Stock 11,341   11,341 D  
Stock Option $ 41.17             04/01/2009(7) 04/01/2015 Common Stock 13,838   13,838 D  
Stock Option $ 28.1             04/01/2010(8) 04/01/2016 Common Stock 16,060   16,060 D  
Stock Option $ 36.23             04/01/2011(9) 04/01/2017 Common Stock 45,897   45,897 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Bisaccia Lisa
ONE CVS DRIVE
WOONSOCKET, RI 02895
      SVP, Chief HR Officer  

Signatures

 Lisa G. Bisaccia   11/10/2010
**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) Remaining option became exercisable in three equal installments on 9/8/2007.
(2) Reflects company match share credits under the Issuer's 401(k) plan; share credits are payable in cash only, at such time as has been elected by the Reporting Person.
(3) Reflects company match share credits under the Issuer's 401(k) plan; share credits are payable in cash only, at such time as has been elected by the Reporting Person.
(4) Consists of Deferred Stock Compensation payable pursuant to reporting person's election.
(5) Option became exercisable in three equal installments on 4/3/2007.
(6) Option became exercisable in three equal installments on 4/2/2008.
(7) Option became exercisable in three equal installments on 4/1/2009.
(8) Option becomes exercisable in three equal installments on 4/1/2010.
(9) Option becomes exercisable in three equal installments on 4/1/2011.

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