MAURICE HEBERT - 01 Mar 2023 Form 4 Insider Report for MOLINA HEALTHCARE, INC. (MOH)

Signature
Jeff D. Barlow, by power of attorney for Maurice Hebert
Issuer symbol
MOH
Transactions as of
01 Mar 2023
Transactions value $
$547,600
Form type
4
Filing time
03 Mar 2023, 17:26:07 UTC
Previous filing
05 Oct 2022
Next filing
13 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOH Common Stock Tax liability -$146,483 -535 -7.41% $273.8 6,685 01 Mar 2023 Direct F1, F2
transaction MOH Common Stock Award $199,874 +730 +10.92% $273.8 7,415 01 Mar 2023 Direct F2, F3
transaction MOH Common Stock Award $726,117 +2,652 +35.77% $273.8 10,067 01 Mar 2023 Direct F2, F4
transaction MOH Common Stock Tax liability -$231,908 -847 -8.41% $273.8 9,220 01 Mar 2023 Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were applied to the payment of withholding taxes arising in connection with the vesting of 1,303 shares on March 1, 2023.
F2 Represents the closing price of the Issuer's common stock on March 1, 2023.
F3 Grant of restricted stock under the Issuer's 2019 Equity Incentive Plan.
F4 Shares issued in settlement of performance stock units granted in 2020 which vested at the 200% max level based on the achievement of cumulative net income metric over the three fiscal years of 2020, 2021, and 2022.
F5 Shares were applied to payment of withholding taxes in connection with vesting of the above-mentioned performance stock units.
F6 Shares shall vest as follows: the 730 newly granted shares shall vest in one-third increments on each of March 1, 2024, March 1, 2025, and March 1, 2026. Additional shares shall vest as follows: 1,032 shares vest on March 1, 2024 and 400 shares vest on March 1, 2025. The remainder of the shares are vested.