SEC Form 4 · accession 0001179929-19-000051
MOLINA HEALTHCARE, INC. · MOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff D. Barlow
Officer — Chief Legal Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 8:38 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, 2019 | A | 5,780 | $138.40 | A | 58,198 | D | |
| Common StockF2 | Mar 1, 2019 | F | 4,776 | $138.40 | D | 53,422 | D | |
| Common StockF2 | Mar 1, 2019 | A | 2,632 | $138.40 | A | 56,054 | D | |
| Common StockF2 | Mar 1, 2019 | A | 7,896 | $138.40 | A | 63,950 | D | |
| Common StockF2,F7 | Mar 1, 2019 | F | 4,632 | $138.40 | D | 59,318 | 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, as amended.
- F2Represents the closing price of the Issuer's common stock on March 1, 2019.
- F3The shares were applied to the payment of withholding taxes arising in connection with vesting of 10,579 shares of restricted stock on March 1, 2019.
- F4Shares issued in settlement of previously granted Performance Stock Unit Award dated March 1, 2017, subject to vesting based on achievement of a Company growth/expansion metric.
- F5Shares issued in settlement of previously granted Performance Stock Unit Award dated March 1, 2017, subject to vesting based on achievement of a net profit margin metric.
- F6The shares were applied to the payment of withholding taxes arising in connection with the settlement of the above PSU awards.
- F7The shares vest as follows: (i) the 5,780 newly granted shares vest in one-third increments on each of March 1, 2020, March 1, 2021, and March 1, 2022; (ii) 7,419 shares are subject to vesting on each of March 1, 2020, and March 1, 2021; (iii) 3,158 shares are subject to vesting on March 1, 2020; (iii) 3,132 shares are subject to vesting on March 7, 2019, based on the Company's 2018 after tax profit margin; (iv) an additional 3,132 shares are subject to vesting on March 7, 2019; the remainder of the shares are vested.