HEALTH NET INC 4
4 · HEALTH NET INC · Filed Feb 23, 2016
Insider Transaction Report
Form 4
Tough Steven D
Pres, Hlth Plns & Govt Progrms
Transactions
- Tax Payment
Common Stock
2016-02-21$61.08/sh−1,696$103,592→ 102,030 total - Tax Payment
Common Stock
2016-02-20$61.08/sh−1,218$74,395→ 106,395 total - Tax Payment
Common Stock
2016-02-20$61.08/sh−2,669$163,023→ 103,726 total - Tax Payment
Common Stock
2016-02-21$61.08/sh−3,720$227,218→ 98,310 total
Footnotes (5)
- [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 7,000 restricted stock units ("RSUs") made to the Reporting Person on February 20, 2015 (the "2015 RSU Vest"), pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan").
- [F2]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 21,000 performance stock units ("PSUs") made to the Reporting Person on February 20, 2015, pursuant to the 2006 Plan (the "2015 PSU Vest").
- [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 9,750 RSUs made to the Reporting Person on February 21, 2014, pursuant to the 2006 Plan (the "2014 RSU Vest").
- [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 29,250 PSUs made to the Reporting Person on February 21, 2014, pursuant to the 2006 Plan (the "2014 PSU Vest").
- [F5]The number of shares withheld by the Issuer in connection with the 2014 RSU Vest, 2014 PSU Vest, 2015 RSU Vest, and 2015 PSU Vest was based on the closing price of the Issuer's common stock on February 19, 2016, pursuant to the terms of the 2006 Plan.