4//SEC Filing
MOLINA HEALTHCARE INC 4
Accession 0001179929-17-000086
$MOHCIK 0001179929operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:57 PM ET
Size
8.9 KB
Accession
0001179929-17-000086
Insider Transaction Report
Form 4
WHITE JOSEPH W CPA
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2017-04-01$45.60/sh−1,181$53,854→ 85,695 total
Footnotes (4)
- [F1]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 2,263 shares on April 1, 2017.
- [F2]Represents the closing price of the Issuer's common stock on March 31, 2017.
- [F3]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
- [F4](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) 2,262 shares shall vest on 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
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:57 PM ET
- Size
- 8.9 KB