Filing Details

Accession Number:
0001181431-14-001472
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-06 19:40:27
Reporting Period:
2014-01-06
Filing Date:
2014-01-06
Accepted Time:
2014-01-06 19:40:27
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
1246756 Cpa W Joseph White 300 University Avenue, Suite 100
Sacramento CA 95825
Vp, Accounting No Yes No 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 2014-01-06 2,374 $36.68 96,649 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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) $29.53 2015-07-01 6,750 6,750 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-07-01 6,750 6,750 Direct
Footnotes
  1. The sale was made pursuant to Reporting Person's Rule 10b5-1 Trading Plan.
  2. Represents the actual selling price for all 2,374 shares.
  3. 28,029 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's achieving three-year EBITDA margin for the three-year period ending December 31, 2013 equal to or greater than 2.5%. Additionally, 17,250 shares vest on March 1, 2014; 13,125 shares vest on March 1, 2015; and 3,750 shares vest on March 1, 2016. The remainder of the shares are vested.
  4. The options are fully vested.