Filing Details

Accession Number:
0001209191-17-019347
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-08 17:30:24
Reporting Period:
2017-03-06
Filing Date:
2017-03-08
Accepted Time:
2017-03-08 17:30:24
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 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 2017-03-06 20,341 $49.19 622,074 No 4 S Indirect Trustee of Family Trust
Common Stock Disposition 2017-03-07 3,444 $48.52 102,368 No 4 F Direct
Common Stock Disposition 2017-03-07 1,722 $48.52 99,068 No 4 F Direct
Common Stock Disposition 2017-03-07 3,444 $48.52 92,468 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Trustee of Family Trust
No 4 F Direct
No 4 F Direct
No 4 F Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 600,714 Direct
Common Stock 11,154 Direct
Footnotes
  1. Sale pursuant to the Rule 10b5-1 Trading Plan of the John C. Molina Separate Property Trust.
  2. Represents the weighted average sale price of all sales on the Transaction Date. The range of prices for the transactions was $48.77 to $49.62. The Reporting Person undertakes to provide full information about the transactions to the Commission upon request.
  3. The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
  4. The shares were applied to the payment of withholding taxes arising in connection with the vesting of 6,600 shares on March 7, 2017, based upon the Company's 2016 STARS rating achievement.
  5. Represents the closing price of the Issuer's common stock on March 7, 2017.
  6. Excludes 3,156 shares net of tax withholding now shown as fully vested.
  7. The shares were applied to the payment of withholding taxes arising in connection with the vesting of 3,300 shares on March 7, 2017, upon the Company's achievement of a certain business development target (Board approved acquisition).
  8. Excludes 1,578 shares net of tax withholding now shown as fully vested.
  9. The shares were applied to the payment of withholding taxes arising in connection with the vesting of 6,600 shares on March 7, 2017.
  10. 6,600 shares shall vest based on the Company's 2017 after tax profit margin; 6,600 shares shall vest based on the Company's 2018 after tax profit margin; 6,600 shares shall vest based upon the Company's 2017 STARS ratings; 13,200 shares shall vest upon the Company's achievement of certain business development targets; 6,600 shares shall vest on each of March 7, 2018, and March 7, 2019.
  11. 20,041 shares shall vest in one-third increments over three years, on each of March 1, 2018, March 1, 2019, and March 1, 2020.
  12. 4,034 shares vest based on the Company's 2017 annual premium revenue achievement; 4,034 shares vest based on the Company's 2017 net profit margin achievement; 4,034 shares vest based on pre-tax income in fiscal year 2017; 8,068 shares shall vest in one-half increments over two years, on each of April 1, 2017, and April 1, 2018. See 2015 Definitive Proxy Statement.
  13. All of these shares are fully vested.
  14. Includes 7,890 shares vested on March 7, 2017 net of shares withheld for payment of taxes.
  15. The shares are owned by Mr. Molina and his spouse as community property.