4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-15-003395
CIK 0000916085operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 7:40 PM ET
Size
12.4 KB
Accession
0001179110-15-003395
Insider Transaction Report
Form 4
Law Scott
Health Care Services Officer
Transactions
- Award
Common Stock
2015-02-20+5,425→ 59,108 total - Tax Payment
Common Stock
2015-02-21$56.49/sh−2,349$132,695→ 98,070 total - Award
Common Stock
2015-02-20+23,333→ 82,441 total - Award
Common Stock
2015-02-20+18,750→ 101,191 total - Tax Payment
Common Stock
2015-02-21$56.49/sh−772$43,610→ 100,419 total
Footnotes (6)
- [F1]Represents restricted stock units ("RSUs") granted to the Reporting Person on February 20, 2015 (the "2015 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 2015 Grant Date.
- [F2]Represents 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 11,667 of the PSUs on the second anniversary of the 2013 Grant Date and 11,666 of the PSUs on December 31, 2015.
- [F3]Represents PSUs granted to the Reporting Person on February 21, 2014 (the "2014 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 2014 Grant Date (the "2014 PSU Grant").
- [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 a grant of 6,250 RSUs made to the Reporting Person on February 21, 2014, pursuant to the 2006 Plan (the "RSU Vest").
- [F5]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.
- [F6]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").
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
- 12.4 KB