SEC Form 4 · accession 0001209191-17-032667
MAGELLAN HEALTH INC · MGLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J McBride
Director
Period of report
May 15, 2017
Accepted (ET)
May 16, 2017 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000019411
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F1 | $44.49 | May 15, 2017 | D | 6,264 | D | May 15, 2017 | May 15, 2017 | Common Stock | 6,264 | 0 | D |
Explanation of responses
- F1The Stock options due to expire on May 15, 2017 were cashed out and the reporting person received a cash amount equal to 6,264 shares multiplied by the difference between the original exercise price of such options of $44.49 and the closing price of $71.50 per share of the Company's Common stock on NASDAQ on May 15, 2017.
- F2Price indicated is total cash amount of $169,190.64 divided by the difference between the original exercise price of the stock options of $44.49 and the closing price of $71.50 per share of the Company's Common Stock on NASDAQ on May 15, 2017.