Debra Bacon - 28 Jun 2024 Form 4 Insider Report for MOLINA HEALTHCARE, INC. (MOH)

Signature
Jeff D. Barlow, by power of attorney for Debra Bacon
Issuer symbol
MOH
Transactions as of
28 Jun 2024
Net transactions value
-$50,472
Form type
4
Filing time
02 Jul 2024, 16:54:34 UTC
Previous filing
05 Mar 2024
Next filing
02 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOH Common Stock Award $3,285 +13 +0.19% $252.71 6,689 28 Jun 2024 Direct F1, F2
transaction MOH Common Stock Tax liability $53,757 -184 -2.8% $292.16 6,505 01 Jul 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were acquired under the Molina Healthcare, Inc. 2019 Employee Stock Purchase Plan (the "ESPP").
F2 In accordance with the ESPP provisions, the purchase price is 85% of the closing price of the Issuer's common stock on June 28, 2024 of $297.30 (which represents the lower market price of the Issuer's common stock as of (i) January 1, 2024, the first date of the ESPP offering period, and (ii) June 28, 2024, the last trading day of the offering period).
F3 The shares were applied to the payment of withholding taxes arising in connection with the vesting of 531 shares on July 1, 2024.
F4 The shares vest as follows: 1,231 shares on January 1, 2025; 1,249 shares on March 1, 2025; 530 shares on July 1, 2025; 1,003 shares on March 1, 2026; 529 shares on July 1, 2026; and 757 shares on March 1, 2027. The remaining shares are vested.