4//SEC Filing
MOLINA HEALTHCARE INC 4
Accession 0001179929-17-000103
$MOHCIK 0001179929operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 6:02 PM ET
Size
12.0 KB
Accession
0001179929-17-000103
Insider Transaction Report
Form 4
BAYER TERRY
Chief Operating Officer
Transactions
- Sale
Common Stock
2017-05-11$66.71/sh−9,673$645,311→ 95,692.5 total - Sale
Common Stock
2017-05-09$67.79/sh−7,952$539,052→ 122,461.5 total - Sale
Common Stock
2017-05-10$66.97/sh−17,096$1,144,994→ 105,365.5 total
Footnotes (6)
- [F1]The sale was made pursuant to Reporting Person's Rule 10b5-1 Trading Plan that was established on March 15, 2017.
- [F2]Represents the weighted average selling price with a selling price range between $67.29 and $68.30.
- [F3]Represents the weighted average selling price with a selling price range between $66.74 and $67.30.
- [F4]Represents the weighted average selling price with a selling price range between $66.12 and $68.15.
- [F5]The shares vest as follows: (i) 16,033 shares shall vest in one-third increments over three years, on each of March 1, 2018, March 1, 2019, and March 1, 2020; (ii) 5,154 shares shall vest based on the Company's 2017 after tax profit margin; (iii) 5,154 shares shall vest based on the Company's 2018 after tax profit margin; (iv) 5,154 shares shall vest based upon the Company's 2017 STARS ratings; (v) 7,731 shares shall vest upon the Company's achievement of certain business development targets; (vi) 10,309 shares shall vest in two increments on each of March 7, 2018 and March 7, 2019; continued
- [F6](vii) 2,865 shares shall vest based on the Company's 2017 annual premium revenue achievement; (viii) 2,865 shares shall vest based on the Company's 2017 net profit margin achievement; (ix) 2,865 shares shall vest based on pre-tax income in fiscal year 2017; (x) 2,865 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) 2,866 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
- May 10, 8:00 PM ET
- Accepted
- May 11, 6:02 PM ET
- Size
- 12.0 KB