MOLINA HEALTHCARE INC 4
4 · MOLINA HEALTHCARE INC · Filed Oct 3, 2016
Insider Transaction Report
Form 4
Murray Frank E MD
Director
Transactions
- Award
Common Stock
2016-10-01$58.32/sh+943$54,996→ 12,996 total(indirect: By Trust)
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 2016-2017 shall be $220,000, with one quarter of that amount in stock, or $55,000, to be granted on the first day of each quarter based on the closing price of the Issuer's common stock on such day. Since the grant date of October 1, 2016 was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on September 30, 2016, of $58.32. Thus, the grant this quarter for services as a director is for 943 shares of the Issuer's common stock.
- [F3]Represents the closing price of the Issuer's common stock on September 30, 2016.
- [F4]Shares are held by The F E M & I L M Revocable Living Trust.