4//SEC Filing
Clarey Patricia T. 4
Accession 0001179110-12-003400
CIK 0000916085other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:44 PM ET
Size
11.8 KB
Accession
0001179110-12-003400
Insider Transaction Report
Form 4
Clarey Patricia T.
SVP, Chief Regulatory Officer
Transactions
- Sale
Common Stock
2012-02-22$38.68/sh−4,180$161,665→ 43,178 total - Sale
Common Stock
2012-02-22$38.05/sh−500$19,025→ 47,358 total - Sale
Common Stock
2012-02-23$38.67/sh−208$8,043→ 42,970 total - Tax Payment
Common Stock
2012-02-22$38.86/sh−730$28,368→ 47,858 total
Footnotes (6)
- [F1]Shares forfeited in lieu of payment of tax liability in connection with the vesting of 25% of a grant of 6,250 restricted stock units made to the Reporting Person on February 22, 2010 pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2010 Grant").
- [F2]The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on February 22, 2012, the vesting date of the 2010 Grant.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.47 to $38.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. These sales of Common Stock by the Reporting Person on February 22, 2012, as reported on this Form 4, were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.51 to $38.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. These sales of Common Stock by the Reporting Person on February 22, 2012, as reported on this Form 4, were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.31 to $39.06, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. These sales of Common Stock by the Reporting Person on February 23, 2012, as reported on this Form 4, were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F6]Includes shares held by the Patricia T. Clarey Revocable Trust, of which the Reporting Person is sole trustee and beneficiary.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeother
Related Parties
1- filerCIK 0001435524
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:44 PM ET
- Size
- 11.8 KB