Filing Details
- Accession Number:
- 0001209191-14-067187
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-07 06:40:11
- Reporting Period:
- 2014-11-05
- Filing Date:
- 2014-11-07
- Accepted Time:
- 2014-11-07 06:40:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1179929 | Molina Healthcare Inc | MOH | Hospital & Medical Service Plans (6324) | 134204626 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1246837 | C John Molina | 300 University Ave., Suite 100 Sacramento CA 95825 | Cfo | Yes | Yes | Yes | Yes |
1246941 | Trust Siblings Molina | 741 Atlantic Avenue Long Beach CA 90813 | No | No | Yes | 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 | Disposition | 2014-11-05 | 15,000 | $48.80 | 678,618 | No | 4 | S | Direct | |
Common Stock | Disposition | 2014-11-06 | 5,550 | $48.29 | 673,068 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 109,922 | Direct | |
Common Stock | 1,314,840 | Indirect | Trustee of Family Trust |
Common Stock | 358,396 | Indirect | Trustee of Family Trust |
Common Stock | 11,154 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | $20.88 | 2017-03-01 | 54,000 | 54,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2017-03-01 | 54,000 | 54,000 | Direct |
Footnotes
- Sale pursuant to the Rule 10b5-1 Trading Plan of Mr. Molina.
- Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $48.4100 to $49.0581. The Reporting Person undertakes to provide full information about the transactions to the Commission upon request.
- All of these shares are fully vested.
- Excludes 1,500 shares previously gifted in a non-reportable transaction.
- Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $48.8100 to $48.7234. The Reporting Person undertakes to provide full information about the transactions to the Comission upon request.
- 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; 7,786 shares vest on March 1, 2015; and 7,786 shares vest on March 1, 2016.
- 21,299 of such shares vest in one-third increments on each of March 1, 2015, March 1, 2016 and March 1, 2017. 7,099 of such shares vest upon the Company achieving three-year Total Stockholder Return (TSR) as determined by ISS calculations that is greater than the median TSR achieved by the Company's ISS peer group for the three-year period ending December 31, 2016. 7,099 of such shares vest on March 1, 2015 contingent upon the Company achieving a one-year TSR as determined by ISS calculations for fiscal year 2014 that is greater than the average TSR achieved by Centene Corporation and WellCare Group for their fiscal year ending December 31, 2014. 17,748 of such shares vest upon the Company achieving a three-year EBITDA margin percentage for the three-year period ending December 31, 2016 equal to or greater than 4.0%. 17,748 of such shares vest upon the Company achieving a cumulative earnings per share of at least $8.50 for the three year period ending December 31, 2016.
- Excludes 300,000 shares previously transferred in non-reportable transactions.
- 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.
- Includes 60,000 shares previously distributed from Molina Siblings Trust in a non-reportable transaction.
- The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
- The shares are owned by Mr. Molina and his spouse as community property.
- The options are fully vested.