Filing Details
- Accession Number:
- 0001179110-15-003381
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-02-24 18:54:16
- Reporting Period:
- 2015-02-20
- Filing Date:
- 2015-02-24
- Accepted Time:
- 2015-02-24 18:54:16
- 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 |
---|---|---|---|---|---|---|---|
1479123 | Steven Sell | 21650 Oxnard Street Woodland Hills CA 91367 | President, West Reghealth Plan | No | Yes | 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 | 2015-02-20 | 5,500 | $0.00 | 55,343 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2015-02-20 | 26,250 | $0.00 | 81,593 | No | 4 | A | Direct | |
Common Stock | Disposition | 2015-02-21 | 1,096 | $56.49 | 80,497 | No | 4 | F | Direct | |
Common Stock | Disposition | 2015-02-21 | 3,289 | $56.49 | 77,208 | No | 4 | F | Direct | |
Common Stock | Disposition | 2015-02-23 | 1,820 | $56.45 | 75,388 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Footnotes
- Represents restricted stock units ("RSUs") granted to the Reporting Person on February 20, 2015 (the "2015 Grant Date") under the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan"), which vest and become non-forfeitable as to 33-1/3% of the RSUs on each of the first, second and third anniversaries of the 2015 Grant Date.
- Includes shares held by the Steven J. Sell and Margaret D. William Revocable Trust, of which the Reporting Person is a trustee and beneficiary.
- Represents performance share units ("PSUs") granted to the Reporting Person on February 21, 2014 (the "2014 Grant Date") under the 2006 Plan, which have been earned by the Reporting Person and which vest and become non-forfeitable as to 33-1/3% of the PSUs on each of the first, second and third anniversaries of the 2014 Grant Date (the "2014 PSU Grant").
- Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of 33-1/3% of a grant of 8,750 RSUs made to the Reporting Person on February 21, 2014, pursuant to the 2006 Plan (the "RSU Vest").
- The number of shares withheld by the Issuer in connection with the RSU Vest and the PSU Vest was based on the closing price of the Issuer's common stock on February 20, 2015, pursuant to the terms of the 2006 Plan.
- Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of 33-1/3% of the 2014 PSU Grant, pursuant to the 2006 Plan (the "PSU Vest").
- The sale of Common Stock by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.