Home > Insider Trading > Filing (0001179929-17-000162)

Filing Details

Accession Number:: 0001179929-17-000162
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-07-05 17:52:41
Reporting Period:: 2017-06-30

Filing Date:: 2017-07-05
Accepted Time:: 2017-07-05 17:52:41
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
1305822	Terry Bayer	300 University Avenue, Suite 100 Sacramento CA 95825	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-06-30	350	$54.26	80,672	No	4	A	Direct
Common Stock	Disposition	2017-07-03	415	$69.24	80,257	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Footnotes

The shares were acquired under the Molina Healthcare, Inc. 2011 Employee Stock Purchase Plan.
Represents the closing price of Issuer's common stock on December 30, 2016. The purchase price is based on the stock's lower market price as of the two following dates: (1) January 1, 2017, the first day of the ESPP offering period, and (2) June 30, 2017, the last day of the ESPP offering period.
The sale was made pursuant to Reporting Person's Rule 10b5-1 Trading Plan that was established on May 12, 2017. The sale previously reported on June 14, 2017 was also pursuant to the Reporting Person's 10b5-1 Plan established on May 12, 2017, not the 10b5-1 Plan established on March 15, 2017.
Represents the actual selling price for all 415 shares.
The shares vest as follows: (i) 16,033 shares shall vest in one-third increments over three years, on each of March 1, 2018, March 1, 2019, and March 1, 2020; (ii) 5,154 shares shall vest based on the Company's 2017 after tax profit margin; (iii) 5,154 shares shall vest based on the Company's 2018 after tax profit margin; (iv) 5,154 shares shall vest based upon the Company's 2017 STARS ratings; (v) 7,731 shares shall vest upon the Company's achievement of certain business development targets; (vi) 10,309 shares shall vest in two increments on each of March 7, 2018 and March 7, 2019; continued
(vii) 2,865 shares shall vest based on the Company's 2017 annual premium revenue achievement; (viii) 2,865 shares shall vest based on the Company's 2017 net profit margin achievement; (ix) 2,865 shares shall vest based on pre-tax income in fiscal year 2017; (x) 2,865 shares shall vest upon the Company's achieving a three-year Total Stockholder Return (TSR) for the three-year period ending December 31, 2017 as determined by ISS calculations that is greater than the median TSR achieved by the Company's 2015 ISS peer group; and (xi) 2,866 shares shall vest on April 1, 2018; the remainder of the shares are vested.