SEC Form 4 · accession 0001179929-15-000053
MOLINA HEALTHCARE, INC. · MOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Szabo Jr.
Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 4:19 pm EDT
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,F3 | Apr 1, 2015 | A | 929 | $66.31 | A | 17,097 | D | |
| Common StockF4 | holding | — | — | — | 1,500 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of stock under the Issuer's 2011 Equity Incentive Plan in connection with the Reporting Person's services as a director.
- F2The aggregate dollar value of the annual equity award to each director in 2014-15 shall be $250,000, with one quarter of that amount in stock, or $62,500, to be granted on the first day of each quarter based on the closing price of the Issuer's common stock on the last day of the immediately preceding quarter. The closing price of the Issuer's common stock on the last day of the immediately preceding quarter, March 31, 2015, was $67.29. Thus, the grant this quarter for services as a director is for 929 shares of the Issuer's common stock.
- F3Represents the closing price of the Issuer's common stock on April 1, 2015.
- F4The 1,500 shares are held by the self-directed IRA of the Reporting Person's spouse.