4//SEC Filing
WHITE JOSEPH W CPA 4
Accession 0001179929-18-000049
CIK 0001179929other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 9:24 PM ET
Size
11.6 KB
Accession
0001179929-18-000049
Insider Transaction Report
Form 4
WHITE JOSEPH W CPA
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2018-03-01$71.88/sh−785$56,426→ 99,286 total - Tax Payment
Common Stock
2018-03-01$71.88/sh−1,597$114,792→ 97,689 total - Disposition to Issuer
Common Stock
2018-03-01−13,158→ 84,531 total
Footnotes (5)
- [F1]The shares were applied to payment of withholding taxes in connection with vesting of 2,262 shares on March 1, 2018, which vested upon the compensation committee's certification of the Company's 2017 annual premium revenue metric achievement.
- [F2]Represents the closing price of the Issuer's common stock on March 1, 2018.
- [F3]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 4,616 shares on March 1, 2018.
- [F4]Represents forfeiture of performance-based restricted stock granted to Reporting Person on April 1, 2015 and March 7, 2016, which were subject to vesting upon certain financial performance objectives that were not achieved.
- [F5]The shares vest as follows: (i) 15,008 shares shall vest in one-third increments over three years, on each of June 5, 2018, June 5, 2019, and June 5, 2020; (ii) 9,231 shares shall vest in two increments on each of March 1, 2019 and March 1, 2020; (iii) 4,317 shares shall vest based on the Company's 2018 after tax profit margin; (iv) 6,476 shares shall vest upon the Company's achievement of certain business development targets; (v) 8,636 shares shall vest one half on each of March 7, 2018 and March 7, 2019; (vi) 2,262 shares shall vest on April 1, 2018; the remainder of the shares are vested.
Issuer
MOLINA HEALTHCARE INC
CIK 0001179929
Entity typeother
Related Parties
1- filerCIK 0001246756
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 9:24 PM ET
- Size
- 11.6 KB