4//SEC Filing
MOLINA HEALTHCARE INC 4
Accession 0001179929-17-000064
$MOHCIK 0001179929operating
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 5:31 PM ET
Size
12.3 KB
Accession
0001179929-17-000064
Insider Transaction Report
Form 4
WHITE JOSEPH W CPA
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2017-03-07$48.52/sh−812$39,398→ 88,633 total - Tax Payment
Common Stock
2017-03-07$48.52/sh−1,757$85,250→ 86,876 total - Tax Payment
Common Stock
2017-03-07$48.52/sh−1,623$78,748→ 89,445 total
Footnotes (6)
- [F1]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 4,317 shares on March 7, 2017, upon the Company's 2016 STARS ratings achievement.
- [F2]Represents the closing price of the Issuer's common stock on March 7, 2017.
- [F3]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 2,159 shares on March 7, 2017, upon the Company's achievement of a certain business development target (Board approved acquisition).
- [F4]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 4,318 shares on March 7, 2017.
- [F5]The shares vest as follows: (i) 13,847 shares shall vest in one-third increments over three years, on each of March 1, 2018, March 1, 2019, and March 1, 2020; (ii) 4,317 shares shall vest based on the Company's 2017 after tax profit margin; (iii) 4,317 shares shall vest based on the Company's 2018 after tax profit margin; (iv) 4,317 shares shall vest based upon the Company's 2017 STARS ratings; (v) 6,476 shares shall vest upon the Company's achievement of certain business development targets; (vi) 8,636 shares shall vest one half on each of March 7, 2018 and March 7, 2019; continued
- [F6](vii) 2,262 shares shall vest based on the Company's 2017 annual premium revenue achievement; (viii) 2,262 shares shall vest based on the Company's 2017 net profit margin achievement; (ix) 2,262 shares shall vest based on pre-tax income in fiscal year 2017; (x) 2,262 shares shall vest upon the Company's achieving a three-year Total Stockholder Return (TSR) for the three-year period ending December 31, 2017 as determined by ISS calculations that is greater than the median TSR achieved by the Company's 2015 ISS peer group; and (xi) 4,525 shares shall vest one half on each of April 1, 2017 and April 1, 2018; the remainder of the shares are vested.
Issuer
MOLINA HEALTHCARE INC
CIK 0001179929
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001179929
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 5:31 PM ET
- Size
- 12.3 KB