HEALTH NET INC 4
4 · HEALTH NET INC · Filed Mar 10, 2015
Insider Transaction Report
Form 4
HEFNER JUANELL
SVP Customer & Technology Svcs
Transactions
- Tax Payment
Common Stock
2015-03-07$56.09/sh−1,740$97,597→ 89,938 total - Tax Payment
Common Stock
2015-03-07$56.09/sh−4,740$265,867→ 85,198 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 10,000 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]Includes 633 shares in which the Reporting Person has a beneficial interest under the Issuer's 401(k) Savings 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 a grant of 30,000 performance stock units made to the Reporting Person on March 7, 2013, pursuant to the 2006 Plan (the "PSU Vest").