4//SEC Filing
MOLINA HEALTHCARE INC 4
Accession 0001209191-14-009167
$MOHCIK 0001179929operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:01 PM ET
Size
12.3 KB
Accession
0001209191-14-009167
Insider Transaction Report
Form 4
MOLINA JOHN C
DirectorCFO10% OwnerOther
Transactions
- Tax Payment
Common Stock
2014-02-07$36.13/sh−8,776$317,077→ 677,429 total
Holdings
- 1,614,840(indirect: By Trust)
Common Stock
- 75,922
Common Stock
- 298,396(indirect: By Trust)
Common Stock
- 11,154
Common Stock
- 54,000
Stock Option (Right to Buy)
Exercise: $20.88Exp: 2017-03-01→ Common Stock (54,000 underlying)
MOLINA SIBLINGS TRUST
10% Owner
Transactions
- Tax Payment
Common Stock
2014-02-07$36.13/sh−8,776$317,077→ 677,429 total
Holdings
- 75,922
Common Stock
- 298,396(indirect: By Trust)
Common Stock
- 11,154
Common Stock
- 1,614,840(indirect: By Trust)
Common Stock
- 54,000
Stock Option (Right to Buy)
Exercise: $20.88Exp: 2017-03-01→ Common Stock (54,000 underlying)
Footnotes (10)
- [F1]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 23,357 shares on February 7, 2014, which vested upon the Company achieving three-year Total Stockholder Return (as compared to the Company's ISS peer group), for the three-year period ending December 31, 2013, equal to or greater than the 50th percentile in that peer group. The achievement of such Stockholder Return was certified on February 7, 2014.
- [F10]The options are fully vested.
- [F2]Represents the closing price of the Issuer's common stock on February 7, 2014.
- [F3]The total includes 17,550 shares previously under-reported in error.
- [F4]All of these shares are fully vested. Includes shares vested on February 7, 2014.
- [F5]Previously reported in error as title held as community property.
- [F6]23,357 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; 23,357 shares shall vest upon the Company achieving three-year EBITDA margin for the three-year period ending December 31, 2013, equal to or greater than 2.5%; 7,786 shares vest on March 1, 2014; 7,786 shares vest on March 1, 2015; and 7,786 shares vest on March 1, 2016. Additionally, 5,850 shares vest on March 1, 2014.
- [F7]The shares are owned by the Molina Siblings Trust, of which Mr. Molina is the trustee and certain immediate family members of Mr. Molina are the beneficiaries.
- [F8]The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
- [F9]The shares are owned by Mr. Molina and his spouse as community property.
Documents
Issuer
MOLINA HEALTHCARE INC
CIK 0001179929
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001179929
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 5:01 PM ET
- Size
- 12.3 KB