0001209191-17-019347.txt : 20170308
0001209191-17-019347.hdr.sgml : 20170308
20170308173024
ACCESSION NUMBER: 0001209191-17-019347
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170306
FILED AS OF DATE: 20170308
DATE AS OF CHANGE: 20170308
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MOLINA HEALTHCARE INC
CENTRAL INDEX KEY: 0001179929
STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324]
IRS NUMBER: 134204626
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 OCEANGATE, SUITE 100
CITY: LONG BEACH
STATE: CA
ZIP: 90802
BUSINESS PHONE: 5624353666
MAIL ADDRESS:
STREET 1: 200 OCEANGATE, SUITE 100
CITY: LONG BEACH
STATE: CA
ZIP: 90802
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOLINA JOHN C
CENTRAL INDEX KEY: 0001246837
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31719
FILM NUMBER: 17676090
MAIL ADDRESS:
STREET 1: C/O MOLINA HEALTHCARE, INC.
STREET 2: ONE GOLDEN SHORE DRIVE
CITY: LONG BEACH
STATE: CA
ZIP: 90802
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-03-06
0
0001179929
MOLINA HEALTHCARE INC
MOH
0001246837
MOLINA JOHN C
300 UNIVERSITY AVE., SUITE 100
SACRAMENTO
CA
95825
1
1
0
0
CFO
Common Stock
2017-03-06
4
S
0
20341
49.1942
D
622074
I
Trustee of Family Trust
Common Stock
2017-03-07
4
F
0
3444
48.52
D
102368
D
Common Stock
2017-03-07
4
F
0
1722
48.52
D
99068
D
Common Stock
2017-03-07
4
F
0
3444
48.52
D
92468
D
Common Stock
600714
D
Common Stock
11154
D
Sale pursuant to the Rule 10b5-1 Trading Plan of the John C. Molina Separate Property Trust.
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.
The shares are owned by the John C. Molina Separate Property Trust, of which Mr. Molina is the trustee and beneficiary.
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.
Represents the closing price of the Issuer's common stock on March 7, 2017.
Excludes 3,156 shares net of tax withholding now shown as fully vested.
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).
Excludes 1,578 shares net of tax withholding now shown as fully vested.
The shares were applied to the payment of withholding taxes arising in connection with the vesting of 6,600 shares on March 7, 2017.
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.
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.
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.
All of these shares are fully vested.
Includes 7,890 shares vested on March 7, 2017 net of shares withheld for payment of taxes.
The shares are owned by Mr. Molina and his spouse as community property.
John C. Molina, by Karen I. Calhoun, Attorney-in-Fact
2017-03-08