4//SEC Filing
FARLEY THOMAS T 4
Accession 0001179110-10-000885
CIK 0000916085other
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 7:26 PM ET
Size
13.9 KB
Accession
0001179110-10-000885
Insider Transaction Report
Form 4
FARLEY THOMAS T
Director
Transactions
- Exercise/Conversion
Common Stock
2010-01-07$9.81/sh+7,500$73,594→ 38,826 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-01-07−7,500→ 0 totalExercise: $9.81From: 2001-05-05Exp: 2010-05-05→ Common Stock (7,500 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-01-07−2,500→ 0 totalExercise: $9.81From: 2001-05-05Exp: 2010-05-05→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2010-01-07$9.81/sh+2,500$24,531→ 41,326 total - Sale
Common Stock
2010-01-07$25.00/sh−10,000$250,000→ 31,326 total
Footnotes (6)
- [F1]Exercise of a stock option granted to the Reporting Person on May 5, 2000, under the Issuer's Second Amended and Restated Non-Employee Director 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.
- [F2]This sale of Common Stock by the Reporting Person on January 7, 2010, as reported on this Form 4, 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]The stock option became exercisable in 33 1/3% increments on each of the first, second and third anniversary of the grant date.
- [F4]Represents unexercised options from the May 5, 2000 option grants to the Reporting Person beneficially owned by the Reporting Person.
- [F5]Exercise of a stock option granted to the Reporting Person on May 5, 2000, under the Issuer's Amended and Restated 1998 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]Includes 10,000 shares held by the Farley Family Trust (the "Trust"). The Reporting Person is not a trustee of the Trust but does have investment power over the Trust and is the beneficiary of the Trust. Also includes 10,500 shares held in an Individual Retirement Account of which the Reporting Person is a beneficiary.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeother
Related Parties
1- filerCIK 0001214695
Filing Metadata
- Form type
- 4
- Filed
- Jan 10, 7:00 PM ET
- Accepted
- Jan 11, 7:26 PM ET
- Size
- 13.9 KB