4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-14-003682
CIK 0000916085operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:05 PM ET
Size
7.6 KB
Accession
0001179110-14-003682
Insider Transaction Report
Form 4
Capezza Joseph C.
EVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2014-02-22$31.82/sh−1,175$37,389→ 140,213 total - Award
Common Stock
2014-02-21+35,000→ 141,388 total
Footnotes (4)
- [F1]Represents 5,000 restricted stock units ("RSUs) granted to the Reporting Person on February 21, 2014 (the "2014 Grant Date") under the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan"), which vest and become non-forfeitable as to 33-1/3% of the RSUs on each of the first, second and third anniversaries of the 2014 Grant Date. Also represents 30,000 performance share units ("PSUs") granted to the Reporting Person on March 7, 2013 (the "2013 Grant Date") under the 2006 Plan, which have been earned by the Reporting Person and which vest and become non-forfeitable as to 33-1/3% of the PSUs on each of the first, second and third anniversaries of the 2013 Grant Date.
- [F2]Shares forfeited in lieu of payument of tax liability in connection with the vesting of 25% of a grant of 12,500 RSUs made to the Reporting Person on February 22, 2010, pursuant to the terms of the 2006 Plan.
- [F3]The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on February 21, 2014, pursuant to the terms of the 2006 Plan.
- [F4]Includes shares held jointly in an account in the name of the Reporting Person and his spouse.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916085
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:05 PM ET
- Size
- 7.6 KB