4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-14-014597
CIK 0000916085operating
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 4:50 PM ET
Size
17.8 KB
Accession
0001179110-14-014597
Insider Transaction Report
Form 4
MAYHEW KARIN D
SVPOrganization Effectiveness
Transactions
- Exercise/Conversion
Common Stock
2014-09-24$23.03/sh+41,625$958,624→ 94,986 total - Sale
Common Stock
2014-09-24$46.85/sh−21,224$994,344→ 53,361 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-09-24−41,625→ 0 totalExercise: $23.03From: 2013-02-22Exp: 2017-02-22→ Common Stock (41,625 underlying) - Exercise/Conversion
Common Stock
2014-09-24$32.59/sh+6,189$201,700→ 59,550 total - Sale
Common Stock
2014-09-24$45.79/sh−6,189$283,394→ 53,361 total - Sale
Common Stock
2014-09-24$46.31/sh−20,401$944,770→ 74,585 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-09-24−6,189→ 0 totalExercise: $32.59Exp: 2015-05-13→ Common Stock (6,189 underlying)
Footnotes (7)
- [F1]Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on May 13, 2005 under the Issuer's 2005 Long-Term Incentive Plan, as amended (the "2005 Grant"), in a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Act"). The exercise of the 2005 Grant was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F2]Includes shares held by the Karin Mayhew 2006 Revocable Trust, of which the Reporting Person is a trustee and beneficiary.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.66 to $46.13, 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 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]Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on February 22, 2010 under the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2010 Grant"), in a transaction exempt under Rule 16b-3 of the Act. The exercise of the 2010 Grant was 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 $45.76 to $46.75, 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 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]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.76 to $46.91, 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 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F7]The 2005 Grant became exercisable in 25% increments on each of the first, second, third and fourth anniversaries of May 13, 2005, the grant date.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916085
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 4:50 PM ET
- Size
- 17.8 KB