SEC Form 4 · accession 0001179929-19-000018
MOLINA HEALTHCARE, INC. · MOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronna Romney
Director
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 7:37 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,F3,F4 | Jan 1, 2019 | A | 473 | $116.22 | A | 22,807 | I | Held by trust |
| Common StockF6,F4 | Jan 2, 2019 | S | 200 | $114.56 | D | 22,607 | I | Held by trust |
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, as amended, in connection with the Reporting Person's services as a Director.
- F2The aggregate value of the annual equity award to each director in 2018-2019 was set at $220,000, with one quarter, or $55,000, to be granted on the first day of each quarter, based on the closing price of the Issuer's common stock on such day. Since the grant date of January 1, 2019 was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on December 31, 2018, of $116.22. Thus, the grant this quarter for services as a Director is for 473 shares of the Issuer's common stock.
- F3Represents the closing price of the Issuer's common stock on December 31, 2018.
- F4All shares held by Ronna Romney Revocable Trust.
- F5The sale was made pursuant to Reporting Person's Rule 10b5-1 Trading Plan that was established on March 7, 2018.
- F6Represents the actual selling price per share of all 200 shares.