WESTEN B CURTIS 4
4 · HEALTH NET INC · Filed Aug 29, 2006
Insider Transaction Report
Form 4
WESTEN B CURTIS
Sr VP, General Counsel & Secty
Transactions
- Exercise/Conversion
Option (Right to Buy)
2006-08-28−5,500→ 129,700 totalExercise: $23.02From: 2002-02-09Exp: 2011-02-09→ Common Stock (5,500 underlying) - Exercise/Conversion
Common Stock
2006-08-28$23.02/sh+5,500$126,610→ 27,841 total - Sale
Common Stock
2006-08-28$42.25/sh−5,500$232,375→ 22,341 total
Footnotes (4)
- [F1]Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on February 9, 2001 under the Issuer's Amended and Restated 1997 Stock Option Plan in a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Stock Option").
- [F2]Includes 265 shares in which the Reporting Person has a beneficial ownership interest under the profit sharing component of the Issuer's 401(k) Savings Plan.
- [F3]The Stock Option became exercisable in 33 1/3% increments on each of the first, second and third anniversary of the February 9, 2001 grant date.
- [F4]Represents unexercised Stock Options from the February 9, 2001 option grant to the Reporting Person beneficially owned by the Reporting Person.