Filing Details

Accession Number:
0001179110-13-003099
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-20 16:52:54
Reporting Period:
2013-02-17
Filing Date:
2013-02-20
Accepted Time:
2013-02-20 16:52:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
916085 Health Net Inc HNT Hospital & Medical Service Plans (6324) 954288333
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1213947 James Woys 21650 Oxnard Street
Woodland Hills CA 91367
Evp, 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 2013-02-17 2,635 $27.43 218,312 No 4 F Direct
Common Stock Disposition 2013-02-18 5,637 $27.43 212,675 No 4 F Direct
Common Stock Acquisiton 2013-02-19 60,000 $24.06 272,675 No 4 M Direct
Common Stock Disposition 2013-02-19 53,912 $26.76 218,763 No 4 S Direct
Common Stock Disposition 2013-02-19 2,272 $27.07 216,491 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2013-02-19 60,000 $0.00 60,000 $24.06
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2004-02-20 2013-02-20 No 4 M Direct
Footnotes
  1. Shares forfeited in lieu of payment of tax liability in connection with the vesting of 33-1/3% of a grant of 21,250 restricted stock units ("RSUs") made to the Reporting Person on February 17, 2012, pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "2006 Plan").
  2. The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on February 15, 2013, pursuant to the terms of the 2006 Plan.
  3. Shares forfeited in lieu of payment of tax liability in connection with the vesting of 33-1/3% of a grant of 45,000 RSUs made to the Reporting Person on February 18, 2011, pursuant to the terms of the 2006 Plan.
  4. The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on February 15, 2013, pursuant to the terms of the 2006 Plan.
  5. Exercise of a Stock Option (Right to Buy) granted to the Reporting Person on February 20, 2003 under the Issuer's 1997 Stock Option Plan, as amended (the "2003 Grant"), in a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Act"). The exercise of the 2003 Grant was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
  6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.98 to $26.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. These sales of Common Stock by the Reporting Person on February 19, 2013, as reported on this Form 4, were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
  7. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.99 to $27.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. These sales of Common Stock by the Reporting Person on February 19, 2013, as reported on this Form 4, were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Act.
  8. Includes 5,450 shares in which the Reporting Person has a beneficial interest under the profit-sharing component of the Issuer's 401(k) Savings Plan.
  9. The stock option became exercisable in 25% increments on each of the first, second, third and fourth anniversaries of the grant date.
  10. Represents unexercised options from the 2003 Grant to the Reporting Person beneficially owned by the Reporting Person.