Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Roberts Jonathan C
 2. Date of Event Requiring Statement (Month/Day/Year)
08/16/2007		 3. Issuer Name and Ticker or Trading Symbol
CVS CAREMARK CORP [CVS]
(Last)
(First)
(Middle)
ONE CVS DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP and CIO
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WOONSOCKET, RI 02895-		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 16,105 (1)
D
 
Common Stock (Restricted) 30,194 (2)
D
 
ESOP Preference Stock 4,307
I
By ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Credits   (3)   (3) Common Stock 4,717 $ 0 D  
Stock Option 01/09/2005(4) 01/09/2013 Common Stock 54,000 $ 12.5625 D  
Stock Option 01/02/2004(5) 01/02/2012 Common Stock 34,000 $ 14.9625 D  
Stock Option 01/08/2005(6) 01/08/2011 Common Stock 48,000 $ 17.6675 D  
Stock Option 02/27/2001(7) 02/27/2008 Common Stock 13,020 $ 18.3477 D  
Stock Option 03/12/2001(8) 03/12/2008 Common Stock 40,000 $ 18.6563 D  
Stock Option 01/03/2002(9) 01/03/2012 Common Stock 22,000 $ 19.2813 D  
Stock Option 01/05/2006(10) 01/05/2012 Common Stock 48,000 $ 22.445 D  
Stock Option 03/10/2001(11) 03/10/2009 Common Stock 14,000 $ 25 D  
Stock Option 04/03/2007(12) 04/03/2013 Common Stock 64,546 $ 30.035 D  
Stock Option 03/07/2003(13) 03/07/2011 Common Stock 24,000 $ 30.2625 D  
Stock Option 04/02/2008(14) 04/02/2014 Common Stock 60,484 $ 34.42 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Roberts Jonathan C
ONE CVS DRIVE
WOONSOCKET, RI 02895-		       SVP and CIO  

Signatures

Jonathan C Roberts 08/23/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(3) 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.
(10) Option becomes exercisable in three annual installments, commencing 1/5/2006.
(2) Consists of Restricted Stock and/or Units, awarded pursuant to issuer's 1997 Incentive Compensation Plan. Restrictions lapse on various dates between 2/15/2008 and 4/2/2012.
(11) Option became exercisable in three annual installments, commencing 3/10/2001.
(8) Option became exercisable in three annual installments, commencing 3/12/2001.
(9) Option became exercisable in three annual installments, commencing 1/3/2002.
(12) Option becomes exercisable in three annual installments, commencing 4/3/2007.
(14) Option becomes exercisable in three annual installments, commencing 4/2/2008.
(7) Option became exercisable in three annual installments, commencing 2/27/2001.
(13) Option became exercisable in three annual installments, commencing 3/7/2003.
(1) Includes shares acquired pursuant to issuer's Employee Stock Purchase Plan.
(4) Option became exercisable in three annual installments, commencing 1/9/2005.
(6) Option became exercisable in three annual installments, commencing 1/8/2005.
(5) Option became exercisable in three annual installments, commencing 1/2/2004.

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