SEC Form 4 · accession 0001179929-16-000204
MOLINA HEALTHCARE, INC. · MOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Garrey Carruthers
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 6:41 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 StockF1 | Dec 31, 2015 | G | 2,042 | $0.00 | D | 8,236 | D | |
| Common StockF3,F4 | Jan 1, 2016 | A | 915 | $60.13 | A | 9,151 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Price not applicable to gift.
- F2Grant of stock under the Issuer's 2011 Equity Incentive Plan in connection with the Reporting Person's services as a director.
- F3The aggregate dollar value of the annual equity award to each director in 2015-2016 shall be $220,000, with one quarter of that amount in stock, or $55,500, 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, December 31, 2015, was $60.13. Thus, the grant this quarter for services as a director is for 915 shares of the Issuer's common stock.
- F4Represents the closing price of the Issuer's common stock on December 31, 2015.