David Bourdon - 01 Oct 2021 Form 4 Insider Report for MAGELLAN HEALTH INC

Role: Chief Financial Officer
Signature: /s/ David Bourdon
Issuer symbol: N/A
Transactions as of: 01 Oct 2021
Net transactions value: -$81,614
Form type: 4
Filing time: 05 Oct 2021, 19:11:21 UTC
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGLN	Ordinary Common Stock, $0.01 par value	Options Exercise	$0	+2,192		$0.000000	2,192	01 Oct 2021	Direct	F1, F2
transaction	MGLN	Ordinary Common Stock, $0.01 par value	Tax liability	$81,614	-862	-39%	$94.68	1,330	01 Oct 2021	Direct	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MGLN	Restricted Stock Units	Options Exercise	$0	-2,192	-33%	$0.000000	4,383	01 Oct 2021	Common Stock	2,192	$0.000000	Direct	F1, F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effectuated by a one-third vesting of the Restricted Stock Unit Award granted on October 1, 2020. Each Restricted Stock Unit represents a contingent right to receive one share of Magellan common stock.
F2	Not applicable.
F3	Represents the portion of shares withheld by the Company in order to pay taxes.
F4	Closing price on NASDAQ on October 1, 2021.
F5	The remainder of 4,383 Restricted Stock Units shall vest in equal increments on October 1, 2022 and 2023, subject to earlier acceleration or forfeiture.