Sivori John P 4
4 · HEALTH NET INC · Filed Feb 20, 2013
Insider Transaction Report
Form 4
Sivori John P
Pres, Rgnl Hlth Plns & Pharma
Transactions
- Tax Payment
Common Stock
2013-02-17$27.43/sh−711$19,503→ 17,622 total - Tax Payment
Common Stock
2013-02-18$27.43/sh−1,540$42,242→ 16,082 total - Gift
Common Stock
2013-02-19−3,583→ 12,499 total - Gift
Common Stock
2013-02-19+3,583→ 20,135 total(indirect: By Trust)
Footnotes (6)
- [F1]Shares forfeited in lieu of payment of tax liability in connection with the vesting of 33-1/3% of a grant of 5,000 restricted stock units ("RSUs") made to the Reporting Person on February 17, 2012, pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan").
- [F2]The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on February 15, 2013, pursuant to the terms of the 2006 Plan.
- [F3]Shares forfeited in lieu of payment of tax liability in connection with the vesting of 33-1/3% of a grant of 12,500 RSUs made to the Reporting Person on February 18, 2011, pursuant to the terms of the 2006 Plan.
- [F4]The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on February 15, 2013, pursuant to the terms of the 2006 Plan.
- [F5]Shares transferred to the Sivori Family Trust, John and Roxanne Sivori TTES (the "Sivori Family Trust"), of which the Reporting Person is a trustee and beneficiary.
- [F6]Shares held by the Sivori Family Trust.