Filing Details
- Accession Number:
- 0001209191-17-019347
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-08 17:30:24
- Reporting Period:
- 2017-03-06
- Filing Date:
- 2017-03-08
- Accepted Time:
- 2017-03-08 17:30:24
- 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 | 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 | Disposition | 2017-03-06 | 20,341 | $49.19 | 622,074 | No | 4 | S | Indirect | Trustee of Family Trust |
Common Stock | Disposition | 2017-03-07 | 3,444 | $48.52 | 102,368 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-03-07 | 1,722 | $48.52 | 99,068 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-03-07 | 3,444 | $48.52 | 92,468 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | Trustee of Family Trust |
No | 4 | F | Direct | |
No | 4 | F | Direct | |
No | 4 | F | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 600,714 | Direct | |
Common Stock | 11,154 | Direct |
Footnotes
- Sale pursuant to the Rule 10b5-1 Trading Plan of the John C. Molina Separate Property Trust.
- Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $48.77 to $49.62. The Reporting Person undertakes to provide full information about the transactions to the Commission upon request.
- The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
- The shares were applied to the payment of withholding taxes arising in connection with the vesting of 6,600 shares on March 7, 2017, based upon the Company's 2016 STARS rating achievement.
- Represents the closing price of the Issuer's common stock on March 7, 2017.
- Excludes 3,156 shares net of tax withholding now shown as fully vested.
- The shares were applied to the payment of withholding taxes arising in connection with the vesting of 3,300 shares on March 7, 2017, upon the Company's achievement of a certain business development target (Board approved acquisition).
- Excludes 1,578 shares net of tax withholding now shown as fully vested.
- The shares were applied to the payment of withholding taxes arising in connection with the vesting of 6,600 shares on March 7, 2017.
- 6,600 shares shall vest based on the Company's 2017 after tax profit margin; 6,600 shares shall vest based on the Company's 2018 after tax profit margin; 6,600 shares shall vest based upon the Company's 2017 STARS ratings; 13,200 shares shall vest upon the Company's achievement of certain business development targets; 6,600 shares shall vest on each of March 7, 2018, and March 7, 2019.
- 20,041 shares shall vest in one-third increments over three years, on each of March 1, 2018, March 1, 2019, and March 1, 2020.
- 4,034 shares vest based on the Company's 2017 annual premium revenue achievement; 4,034 shares vest based on the Company's 2017 net profit margin achievement; 4,034 shares vest based on pre-tax income in fiscal year 2017; 8,068 shares shall vest in one-half increments over two years, on each of April 1, 2017, and April 1, 2018. See 2015 Definitive Proxy Statement.
- All of these shares are fully vested.
- Includes 7,890 shares vested on March 7, 2017 net of shares withheld for payment of taxes.
- The shares are owned by Mr. Molina and his spouse as community property.