4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-15-004689
CIK 0000916085operating
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 9:41 PM ET
Size
9.2 KB
Accession
0001179110-15-004689
Insider Transaction Report
Form 4
Bouchard Angelee F.
SVP, General Counsel,Secretar
Transactions
- Sale
Common Stock
2015-03-09$55.99/sh−7,258$406,375→ 41,333 total - Tax Payment
Common Stock
2015-03-07$56.09/sh−3,050$171,075→ 48,591 total - Tax Payment
Common Stock
2015-03-07$56.09/sh−1,359$76,226→ 51,641 total
Footnotes (4)
- [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 8,750 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 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 26,250 performance stock units made to the Reporting Person on March 7, 2013, pursuant to the 2006 Plan (the "PSU Vest").
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.90 to $56.03, 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 Securities Exchange Act of 1934, as amended.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916085
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 9:41 PM ET
- Size
- 9.2 KB