0001140361-15-010843.txt : 20150307
0001140361-15-010843.hdr.sgml : 20150306
20150306201556
ACCESSION NUMBER: 0001140361-15-010843
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150304
FILED AS OF DATE: 20150306
DATE AS OF CHANGE: 20150306
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MAGELLAN HEALTH INC
CENTRAL INDEX KEY: 0000019411
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOSPITALS [8060]
IRS NUMBER: 581076937
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4800 SCOTTSDALE ROAD
STREET 2: SUITE 4400
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85251
BUSINESS PHONE: 602-572-6050
MAIL ADDRESS:
STREET 1: 4800 SCOTTSDALE ROAD
STREET 2: SUITE 4400
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85251
FORMER COMPANY:
FORMER CONFORMED NAME: MAGELLAN HEALTH SERVICES INC
DATE OF NAME CHANGE: 19960226
FORMER COMPANY:
FORMER CONFORMED NAME: CHARTER MEDICAL CORP
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WEST JEFFREY N
CENTRAL INDEX KEY: 0001244921
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06639
FILM NUMBER: 15683209
MAIL ADDRESS:
STREET 1: 6950 COLUMBIA GATEWAY DR STE 400
CITY: COLUMBIA
STATE: MD
ZIP: 21046
4
1
doc1.xml
FORM 4
X0306
4
2015-03-04
0
0000019411
MAGELLAN HEALTH INC
MGLN
0001244921
WEST JEFFREY N
4800 SCOTTSDALE RD, SUITE 4400
SCOTTSDALE
AZ
85251
0
1
0
0
SVP & Controller
Stock Options (right to buy)
63.95
2015-03-04
4
A
0
15603
0
A
2025-03-04
Common Stock
15603
15603
D
Restricted Stock Units - 2015
63.95
2015-03-04
4
A
0
1846
0
A
2025-03-04
Common Stock
1846
1846
D
Performance-Based Restricted Stock Units
0
2015-03-04
4
A
0
1389
0
A
2018-03-04
Common Stock
1389
1389
D
Options vest and become exercisable in one third increments on March 4th of each of 2016, 2017 and 2018.
Not applicable.
Each restricted stock unit represents a contingent right to receive one share of Magellan common stock.
Restricted Stock Units shall vest in one-third increments on March 4th of each of 2016, 2017 and 2018.
On the third anniversary of the grant date, Performance-Based Restricted Stock Units ("PSUs") vest based on achievement of total shareholder return ("TSR") performance over a three-year period beginning in 2015 and ending with 2017. Payout for vested PSUs ranges from 0% to 200% of the indicated number of shares, based on the Company's TSR percentile ranking compared to the TSR of the companies included in the selected market index. TSR is measured generally as the increase or decrease in the market value of the Company common stock with a deemed reinvestment of any dividends. If a participant terminates employment prior to the third anniversary of the grant date, the PSUs generally will be forfeited. PSUs have no voting rights and are generally non-transferable.
(Continuation of Footnote 5) - The indicated number of PSUs assumes 100% vesting, and the actual number of shares issued in settlement of the PSUs may be greater or less than the indicated number. Since the payout for PSUs can range from 0% to 200%, the maximum number of shares that could vest and be issued could be double the indicated number.
/s/ Jeffrey N. West
2015-03-06