Carruthers Garrey 4
4 · MOLINA HEALTHCARE INC · Filed Jul 3, 2018
Insider Transaction Report
Form 4
Carruthers Garrey
Director
Transactions
- Award
Common Stock
2018-07-01$97.94/sh+562$55,042→ 6,923 total(indirect: By Trust)
Footnotes (4)
- [F1]Grant of stock under the Issuer's 2011 Equity Incentive Plan, as amended, 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 2018-2019 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 July 1, 2018 was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on June 29, 2018, of $97.94. Thus, the grant this quarter for services as a Director is for 562 shares of the Issuer's common stock.
- [F3]Represents the closing price of the Issuer's common stock on June 29, 2018.
- [F4]Shares held by Carruthers Family Revocable Trust.