Mark Lowell Keim - Mar 1, 2022 Form 4 Insider Report for MOLINA HEALTHCARE, INC. (MOH)

Signature
Jeff D. Barlow, by power of attorney for Mark Lowell Keim
Stock symbol
MOH
Transactions as of
Mar 1, 2022
Transactions value $
$3,726,030
Form type
4
Date filed
3/3/2022, 07:29 PM
Previous filing
Jan 11, 2022
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOH Common Stock Award $1.5M +4.81K +13.8% $311.88 39.7K Mar 1, 2022 Direct F1, F2
transaction MOH Common Stock Tax liability -$934K -2.99K -7.55% $311.88 36.7K Mar 1, 2022 Direct F2, F3
transaction MOH Common Stock Award $5.41M +17.3K +47.28% $311.88 54K Mar 1, 2022 Direct F2, F4
transaction MOH Common Stock Tax liability -$2.25M -7.21K -13.35% $311.88 46.8K Mar 1, 2022 Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock under the Issuer's 2019 Equity Incentive Plan.
F2 Represents the closing price of the Issuer's common stock on March 1, 2022.
F3 The shares were applied to the payment of withholding taxes arising in connection with the vesting of 6,746 shares on March 1, 2022.
F4 Shares issued in settlement of performance stock units granted in 2019 which vested at the 200% max level based on the achievement of cumulative net income metric over the three fiscal years of 2019, 2020 and 2021.
F5 Shares were applied to payment of withholding taxes in connection with vesting of the above-mentioned performance stock units.
F6 The shares shall vest as follows: the 4,810 newly granted shares vest in one-third increments on each of March 1, 2023, March 1, 2024, and March 1, 2025. Additional shares vest as follows: 4,820 shares on March 1, 2023; and 2,100 shares on March 1, 2024. The remaining shares are vested.