4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-15-003394
CIK 0000916085operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 7:40 PM ET
Size
11.0 KB
Accession
0001179110-15-003394
Insider Transaction Report
Form 4
Bouchard Angelee F.
SVP, General Counsel,Secretar
Transactions
- Tax Payment
Common Stock
2015-02-21$56.49/sh−587$33,160→ 44,746 total - Award
Common Stock
2015-02-20+16,500→ 45,333 total - Tax Payment
Common Stock
2015-02-21$56.49/sh−1,759$99,366→ 42,987 total - Sale
Common Stock
2015-02-23$56.45/sh−1,246$70,337→ 56,741 total
Footnotes (6)
- [F1]Represents performance share units ("PSUs") granted to the Reporting Person on February 21, 2014 (the "2014 Grant Date") under the 2006 Long-Term Incentive Plan, as amended (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 2014 Grant Date (the "2014 PSU Grant").
- [F2]Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of 33-1/3% of a grant of 5,500 RSUs made to the Reporting Person on February 21, 2014, pursuant to the 2006 Plan (the "RSU Vest").
- [F3]The number of shares withheld by the Issuer in connection with the RSU Vest and the PSU Vest was based on the closing price of the Issuer's common stock on February 20, 2015, pursuant to the terms of the 2006 Plan.
- [F4]Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of 33-1/3% of the 2014 PSU Grant, pursuant to the 2006 Plan (the "PSU Vest").
- [F5]The sale of Common Stock by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F6]Includes 15,000 shares previously held through the Bouchard Family Revocable Trust, of which the Reporting Person is a trustee and beneficiary, which were transferred to a separate account held directly by the Reporting Person. Such transfer represented a change in the form of beneficial ownership only without a change in the Reporting Person's pecuniary interest in such shares.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916085
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 7:40 PM ET
- Size
- 11.0 KB