4//SEC Filing
Rubin Jonathan N 4
Accession 0001209191-20-016905
CIK 0000019411other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:17 PM ET
Size
9.1 KB
Accession
0001209191-20-016905
Insider Transaction Report
Form 4
Rubin Jonathan N
Chief Financial Officer
Transactions
- Award
Performance-Based Restricted Stock Units
2020-03-04+13,134→ 13,134 totalExercise: $0.00From: 2023-03-04→ Common Stock (13,134 underlying) - Award
Restricted Stock Units
2020-03-04+15,763→ 15,763 totalExercise: $0.00→ Common Stock (15,763 underlying)
Footnotes (4)
- [F1]Not applicable.
- [F2]On the third anniversary of the grant date, Performance-Based Restricted Stock Units ("PSUs") vest based on achievement of total shareholder return ("TSR") performance relative to the S&P Health Services Industry Index over a three-year period beginning in 2020 and ending in 2022. 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.
- [F3](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.
- [F4]Restricted Stock Units vest in one third increments on March 4th of each of 2021, 2022 and 2023.
Documents
Issuer
MAGELLAN HEALTH INC
CIK 0000019411
Entity typeother
Related Parties
1- filerCIK 0001444811
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:17 PM ET
- Size
- 9.1 KB