MOLINA HEALTHCARE INC 4
4 · MOLINA HEALTHCARE INC · Filed Apr 5, 2016
Insider Transaction Report
Form 4
James Steven
Director
Transactions
- Award
Common Stock
2016-04-01$64.49/sh+853$55,010→ 15,024 total
Holdings
- 5,000
Stock Option (Right to Buy)
Exercise: $33.02Exp: 2023-03-11→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Grant of stock under the Issuer's 2011 Equity Incentive Plan in connection with the Reporting Person's services as a Director.
- [F2]The aggregate dollar value of the annual equity award to each director in 2015-2016 shall be $220,000, with one quarter of that amount in stock, or $55,500, to be granted on the first day of each quarter based on the closing price of the Issuer's common stock on the last day of the immediately preceding quarter. The closing price of the Issuer's common stock on the last day of the immediately preceding quarter, March 31, 2016, was $64.49. Thus, the grant this quarter for services as a director is for 853 shares of the Issuer's common stock.
- [F3]Represents the closing price of the Issuer's common stock on March 31, 2016.
- [F4]The options are fully vested.