4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-07-003146
CIK 0000916085operating
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 8:25 PM ET
Size
29.3 KB
Accession
0001179110-07-003146
Insider Transaction Report
Form 4
Olson David W
SVP, Corporate Communications
Transactions
- Exercise/Conversion
Option (Right to Buy)
2007-02-06−25,000→ 0 totalExercise: $12.94From: 1999-12-04Exp: 2008-12-04→ Common stock (25,000 underlying) - Exercise/Conversion
Common Stock
2007-02-06$12.94/sh+25,000$323,438→ 38,687 total - Exercise/Conversion
Common Stock
2007-02-06$20.52/sh+10,000$205,200→ 73,687 total - Exercise/Conversion
Option (Right to Buy)
2007-02-06−12,500→ 0 totalExercise: $23.64From: 2005-03-25Exp: 2014-03-25→ Common stock (12,500 underlying) - Exercise/Conversion
Common Stock
2007-02-06$22.64/sh+35,000$792,400→ 108,687 total - Sale
Common Stock
2007-02-06$50.00/sh−137,500$6,875,000→ 13,687 total - Exercise/Conversion
Option (Right to Buy)
2007-02-06−10,000→ 0 totalExercise: $20.52From: 2002-10-18Exp: 2011-10-18→ Common stock (10,000 underlying) - Exercise/Conversion
Option (Right to Buy)
2007-02-06−35,000→ 0 totalExercise: $22.64From: 2003-08-12Exp: 2012-08-12→ Common stock (35,000 underlying) - Exercise/Conversion
Common Stock
2007-02-06$24.06/sh+30,000$721,800→ 138,687 total - Exercise/Conversion
Common Stock
2007-02-06$23.64/sh+12,500$295,500→ 151,187 total - Exercise/Conversion
Option (Right to Buy)
2007-02-06−30,000→ 0 totalExercise: $24.06From: 2004-02-20Exp: 2013-02-20→ Common stock (30,000 underlying)
Footnotes (10)
- [F1]Exercise of a Stock Option ("Right to Buy") granted to the Reporting Person on December 4, 1998, 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 "Act"). The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F10]This sale was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F2]Exercise of a Stock Option granted to the Reporting Person on February 9, 2001, under the Issuer's 1991 Stock Option Plan in a transaction exempt under Rule 16b-3 of the Act. The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F3]Exercise of a Stock Option granted to the Reporting Person on October 18, 2001, under the Issuer's Amended and Restated 1997 Stock Option Plan in a transaction exempt under Rule 16b-3 of the Act. The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F4]Exercise of a Stock Option granted to the Reporting Person on August 12, 2002, under the Issuer's Amended and Restated 1997 Stock Option Plan in a transaction exempt under Rule 16b-3 of the Act. The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F5]Exercise of a portion of a Stock Option granted to the Reporting Person on February 20, 2003, under the Issuer's Amended and Restated 1997 Stock Option Plan in a transaction exempt under Rule 16b-3 of the Act. The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F6]Exercise of a portion of a Stock Option granted to the Reporting Person on March 25, 2004, under the Issuer's 2002 Stock Option Plan in a transaction exempt under Rule 16b-3 of the Act. The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F7]Includes 225 shares in which the Reporting Person has a beneficial ownership interest under the profit sharing component of the Issuer's 401(K) Plan.
- [F8]The stock option became exercisable in 33 1/3% increments on each of the first, second and third anniversary of the grant date.
- [F9]The stock option became exercisable in 25% increments on each of the first, second, third and fourth anniversary of the grant date.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916085
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 8:25 PM ET
- Size
- 29.3 KB