HEALTH NET INC 4
4 · HEALTH NET INC · Filed Mar 10, 2015
Insider Transaction Report
Form 4
MONTGOMERY MARIE
SVP, Corporate Controller
Transactions
- Tax Payment
Common Stock
2015-03-07$56.09/sh−376$21,090→ 42,252 total - Tax Payment
Common Stock
2015-03-07$56.09/sh−1,128$63,270→ 41,124 total
Footnotes (3)
- [F1]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 3,000 restricted stock units ("RSUs") made to the Reporting Person on March 7, 2013 (the "RSU Vest"), pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan").
- [F2]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 March 6, 2015, pursuant to the terms of the 2006 Plan.
- [F3]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 9,000 performance stock units made to the Reporting Person on March 7, 2013, pursuant to the 2006 Plan (the "PSU Vest").