Filing Details
- Accession Number:
- 0001179110-11-016834
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-12-16 19:03:21
- Reporting Period:
- 2011-12-14
- Filing Date:
- 2011-12-16
- Accepted Time:
- 2011-12-16 19:03:21
- 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 |
|---|---|---|---|---|---|---|---|
| 1478940 | F. Angelee Bouchard | 21650 Oxnard Street Woodland Hills CA 91367 | Svp, General Counsel,Secretar | 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 | 2011-12-14 | 1,834 | $28.31 | 35,791 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2011-12-15 | 791 | $28.50 | 35,000 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 8,340 | Indirect | By Trust |
Footnotes
- Shares forfeited in lieu of payment of tax liability in connection with the vesting of twenty-five percent of a grant of 20,000 restricted stock units made to the Reporting Person on December 14, 2009 pursuant to the Issuer's 2006 Long-Term Incentive Plan, as amended (the "Grant").
- The number of shares forfeited by the Reporting Person was based on the closing price of the Issuer's common stock on December 14, 2011, the applicable vesting date of the Grant.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $28.32 to $28.64, 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 December 15, 2011, 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.
- This reported beneficial ownership number reflects the Reporting Person's actual beneficial ownership as of the date of this filing. Due to an administrative error, the Reporting Person's beneficial ownership was overstated by 700 shares in a Form 4 filed by the Reporting Person on February 22, 2010 and in the Reporting Person's subsequent Form 4 filings prior to this filing.
- The shares are held by the Bouchard Family Revocable Trust, of which the Reporting Person is a trustee and beneficiary.
Billionaire Hedge Funds
