MOLINA HEALTHCARE INC 4
4 · MOLINA HEALTHCARE INC · Filed Apr 4, 2017
Insider Transaction Report
Form 4
Murray Frank E MD
Director
Transactions
- Award
Common Stock
2017-04-01$45.60/sh+1,206$54,994→ 15,216 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 April 1, 2017 was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on March 31, 2017, of $45.60. Thus, the grant this quarter for services as a director is for 1,206 shares of the Issuer's common stock.
- [F3]Represents the closing price of the Issuer's common stock on March 31, 2017.
- [F4]Shares are held by The F E M & I L M Revocable Living Trust.