SEC Form 4 · accession 0001179110-16-017242
HEALTH NET INC · HNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Law
Officer — Health Care Services Officer
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 7:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000916085
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 31, 2015 | F | 6,088 | $68.46 | D | 54,042 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of 11,666 performance share units ("PSUs") of a grant of 35,000 PSUs made to the Reporting Person on March 7, 2013 (the "PSU Vest"), pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan").
- F2The number of shares withheld by the Issuer in connection with the PSU Vest was based on the closing price of the Issuer's common stock on December 31, 2015, pursuant to the terms of the 2006 Plan.