ANDREWS MARK L ESQ 4
4 · MOLINA HEALTHCARE INC · Filed Mar 3, 2009
Insider Transaction Report
Form 4
ANDREWS MARK L ESQ
Chief Legal Officer
Transactions
- Tax Payment
Common Stock
2009-03-01$18.73/sh−1,751$32,796→ 60,649 total - Award
Common Stock
2009-03-01+13,600→ 62,400 total
Holdings
- 21,000
Stock Option (Right to Buy)
Exercise: $28.66From: 2007-02-02Exp: 2016-02-02→ Common Stock (21,000 underlying) - 12,000
Stock Option (Right to Buy)
Exercise: $44.29Exp: 2015-07-01→ Common Stock (12,000 underlying) - 11,000
Stock Option (Right to Buy)
Exercise: $31.32From: 2008-03-01Exp: 2017-03-01→ Common Stock (11,000 underlying) - 30,000
Stock Option (Right to Buy)
Exercise: $25.33Exp: 2014-02-10→ Common Stock (30,000 underlying)
Footnotes (5)
- [F1]Annual grant of restricted shares under the issuer's 2002 Equity Incentive Plan. The shares vest in one-quarter increments on each of 3/1/2010, 3/1/2011, 3/1/2012 and 3/1/2013.
- [F2]In addition to the shares vesting as noted above, increments of 1,000 shares vest on each of 7/1/2009 and 7/1/2010; increments of 1,387 shares vest on each of 3/1/10 and 3/1/11; and increments of 3,175 shares vest on each of 3/1/2010, 3/1/2011, and 3/1/2012. The remainder of the shares are vested.
- [F3]Represents the closing sale price of our common stock on Friday, February 27, 2009. In connection with the vesting of 4,563 shares of restricted stock on 3/1/09, the reporting person surrendered 1,751 shares in payment of the taxes associated with the vested shares.
- [F4]The options are vested and exercisable.
- [F5]5,500 of the options are vested. Increments of 2,750 options vest on each of 3/1/10 and 3/1/11.