HEALTH NET INC 4
4 · HEALTH NET INC · Filed Jan 5, 2016
Insider Transaction Report
Form 4
Law Scott
Health Care Services Officer
Transactions
- Tax Payment
Common Stock
2015-12-31$68.46/sh−6,088$416,784→ 54,042 total
Footnotes (2)
- [F1]Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of 11,666 performance share units ("PSUs") of a grant of 35,000 PSUs made to the Reporting Person on March 7, 2013 (the "PSU 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 PSU Vest was based on the closing price of the Issuer's common stock on December 31, 2015, pursuant to the terms of the 2006 Plan.