FOLEY PATRICK 4
4 · HEALTH NET INC · Filed May 16, 2013
Insider Transaction Report
Form 4
FOLEY PATRICK
Director
Transactions
- Exercise/Conversion
Common Stock
2013-05-14$28.20/sh+7,500$211,500→ 39,520 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-05-14−7,500→ 0 totalExercise: $28.20From: 2004-05-16Exp: 2013-05-16→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on May 16, 2003 (the "2003 Grant") under the Issuer's Third Amended and Restated Non-Employee Director Stock Option Plan in a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
- [F2]Includes shares held by The Foley Trust for which the Reporting Person is the sole trustee and beneficiary and has sole voting and dispositive power.
- [F3]The 2003 Grant became exercisable in 33 1/3% increments on each of the first, second and third anniversaries of the grant date.