SEC Form 4 · accession 0001179929-15-000017
MOLINA HEALTHCARE, INC. · MOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman Nichols
Other
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001179929
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 1, 2015 | A | 7,301 | $63.69 | A | 44,202 | D | |
| Common StockF4,F5 | Mar 2, 2015 | F | 2,152 | $63.69 | D | 42,050 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock under the Issuer's 2011 Equity Incentive Plan.
- F2Represents the closing price of Issuer's common stock on February 27, 2015.
- F3The shares were applied to the payment of withholding taxes arising in connection with the vesting of 7,759 shares on March 1, 2015.
- F4Represents the opening price (and selling price) of Issuer's common stock on March 2, 2015.
- F5The 7,301 newly granted shares vest as follows: 1,825 vest shares on each of March 1, 2016, March 1, 2017, March 1, 2018, and 1,826 shares vest on March 1, 2019; additionally 7,759 shares vest on March 1, 2016; 3,072 shares vest on each of March 1, 2017 and March 1, 2018; and 1,875 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. The remainder of the shares are vested.