4//SEC Filing
Rubin Jonathan N 4
Accession 0001209191-18-017665
CIK 0000019411other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 3:38 PM ET
Size
9.0 KB
Accession
0001209191-18-017665
Insider Transaction Report
Form 4
Rubin Jonathan N
Chief Financial Officer
Transactions
- Award
Stock Options (right to buy)
2018-03-05+28,318→ 28,318 totalExercise: $28318.00Exp: 2028-03-05→ Common Stock (28,318 underlying) - Award
Performance-Based Restricted Stock Units
2018-03-05+7,353→ 7,353 totalExercise: $0.00From: 2021-03-05→ Common Stock (7,353 underlying)
Footnotes (4)
- [F1]Options vest and become exercisable in one third increments on March 5th of each of 2019, 2020 and 2021.
- [F2]Not applicable.
- [F3]On the third anniversary of the grant date, Performance-Based Restricted Stock Units ("PSUs") vest based on achievement of total shareholder return ("TSR") performance over a three-year period beginning in 2018 and ending with 2021. Payout for vested PSUs ranges from 0% to 200% of the indicated number of shares, based on the Company's TSR percentile ranking compared to the TSR of the companies included in the selected market index. TSR is measured generally as the increase or decrease in the market value of the Company common stock with a deemed reinvestment of any dividends. If a participant terminates employment prior to the third anniversary of the grant date, the PSUs generally will be forfeited. PSUs have no voting rights and are generally non-transferable. The indicated number of PSUs assumes 100% vesting, and the actual number of shares issued in settlement of the PSUs may be greater or less than the indicated number.
- [F4](Continuation of Footnote 3) - Since the payout for PSUs can range from 0% to 200%, the maximum number of shares that could vest and be issued could be double the indicated number.
Documents
Issuer
MAGELLAN HEALTH INC
CIK 0000019411
Entity typeother
Related Parties
1- filerCIK 0001444811
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 3:38 PM ET
- Size
- 9.0 KB