X0306 4 2017-02-23 0 0000019411 MAGELLAN HEALTH 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 2017-02-23 4 X 0 13212 43.40 A 24587 D Ordinary Common Stock, $0.01 par value 2017-02-24 4 X 0 300 43.40 A 24887 D Ordinary Common Stock, $0.01 par value 2017-02-23 4 S 0 12912 80.2754 D 11975 D Ordinary Common Stock, $0.01 par value 2017-02-23 4 S 0 300 81.1167 D 11675 D Ordinary Common Stock, $0.01 par value 2017-02-24 4 S 0 100 80.00 D 11575 D Ordinary Common Stock, $0.01 par value 2017-02-24 4 S 0 100 81.05 D 11475 D Ordinary Common Stock, $0.01 par value 2017-02-24 4 S 0 100 82.10 D 11375 D Stock Option (right to buy( 43.40 2017-02-23 4 X 0 13212 0.00 D 2018-02-01 Common Stock 13212 3454 D Stock Option (right to buy) 43.40 2017-02-24 4 X 0 300 0.00 D 2018-02-01 Common Stock 300 3154 D This transaction was effectuated pursuant to a Rule 10b-5-1 Plan. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at prices ranging from $80.00 to $80.90, inclusive. The price reported represents the weighted average price. The Reporting Person undertakes to provide staff of the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at prices ranging from $81.05 to $81.20, inclusive. The price reported represents the weighted average price. The Reporting Person undertakes to provide staff of the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at an average price of $80.00. The price reported represents the weighted average price. The Reporting Person undertakes to provide staff of the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at an average price of $81.05. The price reported represents the weighted average price. The Reporting Person undertakes to provide staff of the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at an average price of $82.10. The price reported represents the weighted average price. The Reporting Person undertakes to provide staff of the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. All of the stock options in this tranche have vested in full. Not applicable. /s/ Jeffrey N. West 2017-02-27