Filing Details

Accession Number:
0001181431-14-035718
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-05 21:43:03
Reporting Period:
2014-11-05
Filing Date:
2014-11-05
Accepted Time:
2014-11-05 21:43:03
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
1305822 Terry Bayer 300 University Avenue, Suite 100
Sacramento CA 95825
Chief Operating Officer 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 2014-11-05 11,250 $48.75 116,909 No 4 S Direct
Common Stock Acquisiton 2014-11-05 31,500 $29.53 148,409 No 4 M Direct
Common Stock Disposition 2014-11-05 31,500 $48.76 116,909 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2014-11-05 31,500 $0.00 31,500 $29.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-07-01 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (Right to Buy) $19.11 2016-02-02 21,000 21,000 Direct
Common Stock Stock Options (Right to Buy) $20.88 2017-03-01 16,500 16,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-02-02 21,000 21,000 Direct
2017-03-01 16,500 16,500 Direct
Footnotes
  1. The transaction was made pursuant to Reporting Person's Rule 10b5-1 Trading Plan.
  2. Represents the weighted average selling price with a selling price range between $48.27 and $49.03.
  3. Represents the exercise price per share.
  4. Represents the weighted average selling price with a selling price range between $48.28 and $49.08.
  5. The shares vest as follows: (i) 15,572 shares 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; (ii) 4,644 shares shall vest upon the Company achieving three-year Total Stockholder Return (TSR) as determined by ISS calculations that is greater than the median TSR achieved by the Company's ISS peer group for the three-year period ending December 31, 2016; continued
  6. (iii) 4,644 of shares shall vest on March 1, 2015 contingent upon the Company achieving a one-year TSR as determined by ISS calculations for fiscal year 2014 that is greater than the average TSR achieved by Centene Corporation and WellCare Group for their fiscal year ending December 31, 2014; continued
  7. (iv) 11,611 shares shall vest upon the Company achieving a three-year EBITDA margin percentage for the three-year period ending December 31, 2016 equal to or greater than 4.0%; (v) 11,611 of shares shall vest upon the Company achieving a cumulative earnings per share of at least $8.50 for the three year period ending December 31, 2016; continued
  8. (vi) 9,836 shares vest on each of March 1, 2015 and March 1, 2016; and (vii) 4,644 shares vest on March 1, 2017. The remainder of the shares are vested.
  9. The options are fully vested.