Filing Details

Accession Number:
0001179110-10-000885
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-11 12:00:00
Reporting Period:
2010-01-07
Filing Date:
2010-01-11
Accepted Time:
2010-01-11 19:26:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
916085 Health Net Inc HNT Hospital & Medical Service Plans (6324) 954288333
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1214695 T Thomas Farley C/O Health Net, Inc.
21650 Oxnard Street
Woodland Hills CA 91367
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-01-07 7,500 $9.81 38,826 No 4 M Direct
Common Stock Acquisiton 2010-01-07 2,500 $9.81 41,326 No 4 M Direct
Common Stock Disposition 2010-01-07 10,000 $25.00 31,326 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2010-01-07 7,500 $0.00 7,500 $9.81
Common Stock Stock Option (Right to Buy) Disposition 2010-01-07 2,500 $0.00 2,500 $9.81
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2001-05-05 2010-05-05 No 4 M Direct
0 2001-05-05 2010-05-05 No 4 M Direct
Footnotes
  1. Exercise of a stock option granted to the Reporting Person on May 5, 2000, under the Issuer's Second Amended and Restated Non-Employee Director Plan in a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Act"). The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
  2. This sale of Common Stock by the Reporting Person on January 7, 2010, as reported on this Form 4, was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
  3. The stock option became exercisable in 33 1/3% increments on each of the first, second and third anniversary of the grant date.
  4. Represents unexercised options from the May 5, 2000 option grants to the Reporting Person beneficially owned by the Reporting Person.
  5. Exercise of a stock option granted to the Reporting Person on May 5, 2000, under the Issuer's Amended and Restated 1998 Stock Option Plan, in a transaction exempt under Rule 16b-3 of the Act. The exercise was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
  6. Includes 10,000 shares held by the Farley Family Trust (the "Trust"). The Reporting Person is not a trustee of the Trust but does have investment power over the Trust and is the beneficiary of the Trust. Also includes 10,500 shares held in an Individual Retirement Account of which the Reporting Person is a beneficiary.