Carruthers Garrey 4
4 · MOLINA HEALTHCARE INC · Filed Jan 3, 2019
Insider Transaction Report
Form 4
Carruthers Garrey
Director
Transactions
- Award
Common Stock
2019-01-01$116.22/sh+473$54,972→ 6,967 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 value of the annual equity award to each director in 2018-2019 was set at $220,000, with one quarter, 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 January 1, 2019 was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on December 31, 2018, of $116.22. Thus, the grant this quarter for services as a Director is for 473 shares of the Issuer's common stock.
- [F3]Represents the closing price of the Issuer's common stock on December 31, 2018.
- [F4]Shares held by Carruthers Family Revocable Trust.