4//SEC Filing
MOLINA HEALTHCARE INC 4
Accession 0001181431-14-010795
$MOHCIK 0001179929operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 8:02 PM ET
Size
11.4 KB
Accession
0001181431-14-010795
Insider Transaction Report
Form 4
Nichols Norman
Other
Transactions
- Award
Common Stock
2014-03-01$37.68/sh+12,288$463,012→ 41,499 total - Tax Payment
Common Stock
2014-03-01$37.68/sh−513$19,330→ 30,480 total - Tax Payment
Common Stock
2014-03-01$37.68/sh−1,269$47,816→ 29,211 total
Footnotes (5)
- [F1]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 1,875 shares on March 1, 2014, which vested upon the Company achieving three-year EBITDA margin for the three-year period ending December 31, 2013 greater than 2.5%. The achievement of such EBITDA margin was certified by the Compensation Committee on March 1, 2014.
- [F2]Represents the closing price (and selling price, where applicable) of Issuer's common stock on February 28, 2014.
- [F3]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 4,688 shares on March 1, 2014.
- [F4]Grant of restricted stock under the issuer's 2011 Equity Incentive Plan.
- [F5]The 12,288 newly granted shares vest in 3,072 share increments on each of March 1, 2015, March 1, 2016, March 1, 2017, and March 1, 2018. 1,875 shares shall vest upon the Company achieving total revenue in any of the 2013, 2014, or 2015 fiscal years equal to or greater than $12 billion; 4,687 vest on each of March 1, 2015 and March 1, 2016; 750 shares vest on June 1, 2014; and 1,350 shares vest on October 1, 2014. The remainder of the shares are vested.
Issuer
MOLINA HEALTHCARE INC
CIK 0001179929
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001179929
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 8:02 PM ET
- Size
- 11.4 KB