Filing Details

Accession Number:
0001179929-15-000024
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-05 18:56:11
Reporting Period:
2015-03-05
Filing Date:
2015-03-05
Accepted Time:
2015-03-05 18:56:11
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 2015-03-05 7,446 $61.85 104,060 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 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 sale was made pursuant to Reporting Person's Rule 10b5-1 Trading Plan that was established on September 15, 2014.
  2. Represents the weighted average selling price with a selling price range between $61.54 and $62.21.
  3. 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
  4. (iii) 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%; (iv) 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
  5. (v) 9,836 shares vest on March 1, 2016; and (vi) 4,644 shares vest on March 1, 2017. The remainder of the shares are vested.
  6. The options are fully vested.