4//SEC Filing
Capezza Joseph C. 4
Accession 0001179110-10-003657
CIK 0000916085other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:52 PM ET
Size
8.8 KB
Accession
0001179110-10-003657
Insider Transaction Report
Form 4
Capezza Joseph C.
EVP & Chief Financial Officer
Transactions
- Award
Common Stock
2010-02-22+67,963→ 100,627 total - Award
Stock Option (Right to Buy)
2010-02-22+83,250→ 83,250 totalExercise: $23.03From: 2013-02-22Exp: 2017-02-22→ Common Stock (83,250 underlying)
Footnotes (4)
- [F1]Includes 55,463 performance shares, which represent the portion of the Reporting Person's February 2009 performance share award attributable to the Issuer's achievement of a target level of pre-tax income and completion of certain strategic business divestitures in 2009. Vesting of the performance shares is subject to the continued employment of the Reporting Person through the date on which the Compensation Committee makes a determination regarding the satisfaction of certain additional criteria, which shall occur as soon as practicable following December 31, 2011 and in any event, no later than the third anniversary of the grant date. Also includes 12,500 restricted stock units ("RSUs") granted to the reporting person on February 22, 2010 (the "Grant Date") under the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan"), which vest and become non-forfeitable with respect to 25% of the RSUs on each of the first, second, third and fourth anniversaries of the Grant Date.
- [F2]Stock Option (Right to Buy) granted to the Reporting Person under the Issuer's 2006 Plan in a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
- [F3]This Stock Option becomes exercisable with respect to 100% of the shares underlying the options on February 22, 2013.
- [F4]Represents total number of stock options granted to the Reporting Person on February 22, 2010.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeother
Related Parties
1- filerCIK 0001415947
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:52 PM ET
- Size
- 8.8 KB