Carruthers Garrey 4
4 · MOLINA HEALTHCARE, INC. · Filed Jan 3, 2020
Insider Transaction Report
Form 4
Carruthers Garrey
Director
Transactions
- Award
Common Stock
2020-01-01$135.69/sh+405$54,954→ 7,346 total(indirect: By Trust)
Footnotes (4)
- [F1]Grant of stock under the Issuer's 2019 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 2019-2020 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, 2020 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, 2019, of $135.69. Thus, the grant this quarter for services as a Director is for 405 shares of the Issuer's common stock.
- [F3]Represents the closing price of the Issuer's common stock on December 31, 2019.
- [F4]Shares held by Carruthers Family Revocable Trust.