HEALTH NET INC 4
4 · HEALTH NET INC · Filed Mar 6, 2015
Insider Transaction Report
Form 4
FOLEY PATRICK
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2015-03-04−5,378→ 2,122 totalExercise: $32.59Exp: 2015-05-13→ Common Stock (5,378 underlying) - Exercise/Conversion
Common Stock
2015-03-05$32.59/sh+2,122$69,156→ 36,528 total - Sale
Common Stock
2015-03-05$56.66/sh−2,122$120,233→ 34,406 total - Exercise/Conversion
Stock Option (Right to Buy)
2015-03-05−2,122→ 0 totalExercise: $32.59Exp: 2015-05-13→ Common Stock (2,122 underlying) - Exercise/Conversion
Common Stock
2015-03-04$32.59/sh+5,378$175,269→ 39,784 total - Sale
Common Stock
2015-03-04$56.51/sh−5,378$303,911→ 34,406 total
Footnotes (4)
- [F1]Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on May 13, 2005, under the Issuer's Amended and Restated 1998 Stock Option Plan, as amended (the "2005 Grant"), 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 price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $56.50 to $56.54, 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.
- [F4]The 2005 Grant became exercisable in 33 1/3% increments on each of the first, second and third anniversaries of May 13, 2005, the grant date.