X0306 4 2013-03-05 0 0000019411 MAGELLAN HEALTH SERVICES INC MGLN 0001244921 WEST JEFFREY N 14100 MAGELLAN PLAZA MARYLAND HEIGHTS MO 63043 0 1 0 0 SVP & Controller Ordinary Common Stock, $0.01 par value 2013-03-05 4 M 0 832 0 A 7238 D Ordinary Common Stock, $0.01 par value 2013-03-05 4 F 0 321 53.00 D 6917 D Restricted Stock Units 0 2013-03-05 4 M 0 832 0 D 2013-03-05 Common Stock 832 1662 D Stock Options (right to buy) 53 2013-03-05 4 A 0 24483 0 A 2023-03-05 Common Stock 24483 24483 D Restricted Stock Units - 2013 0 2013-03-05 4 A 0 2297 0 A Common Stock 2297 2297 D This transaction was effectuated by a one-third vesting of the Restricted Stock Unit Award granted on March 5, 2012. Each Restricted Stock Unit represents a contingent right to receive one share of Magellan common stock. The remainder of 1,662 shares shall vest in equal increments on March 5 of 2014 and 2015. No price was applicable to the acquisition of this security. Represents the portion of shares which the Company determined to settle in cash to pay applicable tax withholding. Closing price of Magellan shares on NASDAQ on March 5, 2013. Not applicable. Options vest and become exercisable in one-third increments on March 5 of each of 2014, 2015 and 2016. Each restricted stock unit represents a contingent right to receive one share of Magellan common stock. Restricted Stock Units shall vest in one-third increments on March 5 of each of 2014, 2015 and 2016, subject to satisfaction of certain performance requirements. /s/ Jeffrey N. West 2013-03-07