4//SEC Filing
HEALTH NET INC 4
Accession 0001179110-15-010216
CIK 0000916085operating
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 5:28 PM ET
Size
11.5 KB
Accession
0001179110-15-010216
Insider Transaction Report
Form 4
Tough Steven D
Pres, Hlth Plns & Govt Progrms
Transactions
- Sale
Common Stock
2015-06-19$63.48/sh−20,000$1,269,600→ 81,221 total - Exercise/Conversion
Common Stock
2015-06-19$48.04/sh+15,000$720,600→ 96,221 total - Exercise/Conversion
Stock Option (Right to Buy)
2015-06-19−15,000→ 0 totalExercise: $48.04Exp: 2016-02-03→ Common Stock (15,000 underlying) - Sale
Common Stock
2015-06-19$63.50/sh−15,000$952,500→ 81,221 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.13 to $63.73, 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 range 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 (the "Act").
- [F2]Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on February 3, 2006 under the Issuer's 2005 Long-Term Incentive Plan, as amended (the "2006 Grant"), in a transaction exempt under Rule 16b-3 of the Act. The exercise of the 2006 Grant was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.07 to $63.82, 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 range 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 Act.
- [F4]The 2006 Grant became exercisable in 25% increments on each of the first, second, third, and fourth anniversaries of February 3, 2006, the grant date.
Documents
Issuer
HEALTH NET INC
CIK 0000916085
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916085
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 5:28 PM ET
- Size
- 11.5 KB