Filing Details

Accession Number:
0001209191-13-033721
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-26 13:50:42
Reporting Period:
2013-06-24
Filing Date:
2013-06-26
Accepted Time:
2013-06-26 13:50:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1179929 Molina Healthcare Inc MOH Hospital & Medical Service Plans (6324) 134204626
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1246837 C John Molina 300 University Ave., Suite 100
Sacramento CA 95825
Cfo Yes Yes Yes Yes
1246941 Trust Siblings Molina 741 Atlantic Avenue
Long Beach CA 90813
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-06-24 10,000 $36.04 552,386 No 4 S Direct
Common Stock Disposition 2013-06-25 10,000 $36.05 542,386 No 4 S Direct
Common Stock Disposition 2013-06-26 7,723 $36.13 534,663 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 260,697 Direct
Common Stock 2,114,840 Indirect Trustee of Family Trust
Common Stock 198,396 Indirect Trustee of Family Trust
Common Stock 11,154 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $20.88 2017-03-01 54,000 54,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-03-01 54,000 54,000 Direct
Footnotes
  1. Sale pursuant to the Rule 10b5-1 Trading Plan of Mr. Molina.
  2. Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $35.92 to $36.23. The Reporting Person undertakes to provide full information about the transactions to the Commission upon request.
  3. Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $35.78 to $36.47. The Reporting Person undertakes to provide full information about the transactions to the Commission upon request.
  4. Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $35.92 to $36.43. The Reporting Person undertakes to provide full information about the transactions to the Comission upon request.
  5. 35,035 shares vest in 1/3rd increments on each of June 30, 2013, September 30, 2013, and December 31, 2013. 93,429 shares vest in 1/4th increments as follows: (i) 1/4th shall vest in equal 1/3rd increments over three years on March 1, 2014, March 1, 2015, and March 1, 2016; (ii) 1/4th shall vest upon the Company achieving three-year Total Stockholder Return (as compared to the Company's ISS peer group), for the three-year period ending December 31, 2013 equal to or greater than the 50th percentile in that peer group; (iii) 1/4th shall vest upon the Company achieving total revenue in any of the 2013, 2014, or 2015 fiscal years equal to or greater than $12 billion; and (iv) 1/4th shall vest upon the Company achieving three-year EBITDA margin for the three-year period ending December 31, 2013 equal to or greater than 2.5%. Additionally, 5,850 shares vest on March 1, 2014. The remainder of the shares are vested.
  6. The shares are owned by Mr. Molina and his spouse as community property.
  7. The shares are owned by the Molina Siblings Trust, of which Mr. Molina is the trustee and certain immediate family members of Mr. Molina are the beneficiaries.
  8. The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
  9. The options are fully vested.