Home/Filings/4/0001209191-22-000989
4//SEC Filing

Lewis Clapper Caskie 4

Accession 0001209191-22-000989

CIK 0000019411other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 5:16 PM ET

Size

28.9 KB

Accession

0001209191-22-000989

Insider Transaction Report

Form 4
Period: 2022-01-04
Lewis Clapper Caskie
Chief Human Resources Officer
Transactions
  • Disposition to Issuer

    Stock Options

    2022-01-0420,2810 total
    Exercise: $66.57Exp: 2029-03-05Common Stock (20,281 underlying)
  • Disposition to Issuer

    Stock Option

    2022-01-0412,9490 total
    Exercise: $68.50Exp: 2027-03-03Common Stock (12,949 underlying)
  • Disposition to Issuer

    Performance-Based Restricted Stock Units

    2022-01-045,3070 total
    Exercise: $0.00Common Stock (5,307 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2022-01-049,7330 total
    Exercise: $0.00Common Stock (9,733 underlying)
  • Disposition to Issuer

    Stock Option

    2022-01-0412,3300 total
    Exercise: $64.87Exp: 2026-03-03Common Stock (12,330 underlying)
  • Disposition to Issuer

    Ordinary Common Stock, $0.01 par value

    2022-01-0419,5100 total
  • Disposition to Issuer

    Stock Options

    2022-01-0414,0570 total
    Exercise: $99.45Exp: 2028-03-05Common Stock (14,057 underlying)
  • Disposition to Issuer

    Stock Option

    2022-01-0430,8430 total
    Exercise: $63.95Exp: 2025-03-04Common Stock (30,843 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2022-01-044,8680 total
    Exercise: $0.00Common Stock (4,868 underlying)
  • Disposition to Issuer

    Performance-Based Restricted Stock Units

    2022-01-046,0850 total
    Exercise: $0.00Common Stock (6,085 underlying)
Footnotes (11)
  • [F1]In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of January 4, 2021 (the "Merger Agreement"), by and among the Issuer, Centene Corporation ("Centene") and Mayflower Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Centene, each share of the Issuer's common stock, par value $0.01 per share (the "Common Stock") outstanding immediately prior to the effective time of the Merger and not otherwise excluded pursuant to the terms of the Merger Agreement was disposed of in exchange for $95.00 per share in cash, without interest (the "Merger Consideration").
  • [F10]These performance-vested restricted stock units of the Issuer that were previously reported in connection with an award granted on March 5, 2019 were disposed of in exchange for a number of time-vested restricted stock units related to shares of Centene common stock, as determined in accordance with the Merger Agreement.
  • [F11]These performance-vested restricted stock units of the Issuer that were previously reported in connection with an award granted on March 4, 2020 were disposed of in exchange for a number of time-vested restricted stock units related to shares of Centene common stock, as determined in accordance with the Merger Agreement.
  • [F2]These options previously granted on March 5, 2019, which provided for vesting in 3 equal installments, were disposed of in exchange for a number of options to purchase shares of Centene common stock and at an exercise price per share, in each case, as determined in accordance with the Merger Agreement. The remaining one-third vests on March 5, 2022.
  • [F3]These options previously granted on March 5, 2018, which provided for vesting in 3 equal installments, were disposed of in exchange for a number of options to purchase shares of Centene common stock and at an exercise price per share, in each case, as determined in accordance with the Merger Agreement.
  • [F4]These options previously granted on March 3, 2017, which provided for vesting in 3 equal installments, were disposed of in exchange for a number of options to purchase shares of Centene common stock and at an exercise price per share, in each case, as determined in accordance with the Merger Agreement.
  • [F5]These options previously granted on March 3, 2016, which provided for vesting in 3 equal installments, were disposed of in exchange for a number of options to purchase shares of Centene common stock and at an exercise price per share, in each case, as determined in accordance with the Merger Agreement.
  • [F6]These options previously granted on March 4, 2015, which provided for vesting in 3 equal installments, were disposed of in exchange for a number of options to purchase shares of Centene common stock and at an exercise price per share, in each case, as determined in accordance with the Merger Agreement.
  • [F7]Not applicable.
  • [F8]These unvested restricted stock units previously granted by the Issuer on March 4, 2020, which provided for vesting in equal increments on each of March 4, 2022 and 2023, were disposed of in exchange for a number of restricted stock units related to shares of Centene common stock, as determined in accordance with the Merger Agreement.
  • [F9]These unvested restricted stock units previously granted by the Issuer on March 3, 2021, which provided for vesting in one-third increments on each of March 3, 2022, 2023 and 2024, were disposed of in exchange for a number of restricted stock units related to shares of Centene common stock, as determined in accordance with the Merger Agreement.

Issuer

MAGELLAN HEALTH INC

CIK 0000019411

Entity typeother

Related Parties

1
  • filerCIK 0001416767

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:16 PM ET
Size
28.9 KB