SEC Form 4 · accession 0001209191-17-030167
MOLINA HEALTHCARE, INC. · MOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Molina
Director
Period of report
May 2, 2017
Accepted (ET)
May 4, 2017 · 8:58 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 | May 2, 2017 | A | 603 | $59.75 | A | 693,599 | D | |
| Common StockF2,F4 | May 2, 2017 | F | 43,370 | $59.75 | D | 650,229 | D | |
| Common StockF6,F7 | May 3, 2017 | S | 15,393 | $65.00 | D | 606,681 | I | Trustee of Family Trust |
| Common StockF8 | holding | — | — | — | 11,154 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were issued in connection with Mr. Molina's service as an outside director of the Issuer.
- F2Represents the closing price of the Issuer's common stock on May 2, 2017.
- F3The shares were applied to the payment of withholding taxes arising in connection with the accelerated vesting of 83,111 shares on May 2, 2017, subject to restrictions.
- F4Includes 602,643 shares previously listed separately as fully vested.
- F5Sale pursuant to the Rule 10b5-1 Trading Plan of the John C. Molina Separate Property Trust.
- F6Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $59.76 to $68.67. The Reporting Person undertakes to provide full information about the transactions to the Commission upon request.
- F7The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
- F8The shares are owned by Mr. Molina and his spouse as community property.