-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NVd/oo9XwZmLr/hpr0zlJuEec5pjCeWtq5o2ClU9SFj471NqdIIhY/50aohGmv8b nrab0Xn7wKIvGdVYuu3/QQ== 0001181431-11-002496.txt : 20110107 0001181431-11-002496.hdr.sgml : 20110107 20110107154755 ACCESSION NUMBER: 0001181431-11-002496 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110106 FILED AS OF DATE: 20110107 DATE AS OF CHANGE: 20110107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MAGELLAN HEALTH SERVICES 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: 6950 COLUMBIA GATEWAY STREET 2: STE 400 CITY: COLUMBIA STATE: MD ZIP: 21046 BUSINESS PHONE: 4109531000 FORMER COMPANY: FORMER CONFORMED NAME: CHARTER MEDICAL CORP DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LERER RENE CENTRAL INDEX KEY: 0001245352 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06639 FILM NUMBER: 11517491 MAIL ADDRESS: STREET 1: 6950 COLUMBIA GATEWAY DR STREET 2: SUITE 400 CITY: COLUMBIA STATE: MD ZIP: 21046 4 1 rrd297080.xml STOCK OPTION EXERCISE X0303 4 2011-01-06 0 0000019411 MAGELLAN HEALTH SERVICES INC MGLN 0001245352 LERER RENE 55 NOD ROAD AVON CT 06001 1 1 0 0 Chief Executive Officer Ordinary Common Stock, $0.01 par value 2011-01-06 4 X 0 36900 32.91 A 91213 D Ordinary Common Stock, $0.01 par value 2011-01-06 4 S 0 36900 48.1346 D 54313 D Stock Option (right to buy) 32.91 2011-01-06 4 X 0 36900 0 D 2019-03-04 Common Stock 36900 206433 D This transaction was effectuated pursuant to a Rule 10b5-1 Plan. 43,811 stock options are vested and remain exercisable. The balance of 162,622 options shall vest in equal increments on each of March 4 of 2011 and 2012. Not applicable. Price shown is the average sales price for the transaction. Please see Exhibit 99.1 for a complete breakdown of the average sales price. /s/ Rene Lerer 2011-01-06 EX-99.1 2 rrd266341_300615.htm BREAKDOWN OF SALE PRICE FOR THE REPORTED TRANSACTION rrd266341_300615.html
Exhibit 99.1
Breakdown of Average Sales Price

No. of Shares                Price

5000                        47.95
1000                        48.1794
3200                        48.12
14,400                        48.10
1500                        48.3476
4000        &n bsp;               48.252
1500                        48.26
3000                        48.25
800                        48.31
1350                        48.11
400                        48.1142
750                     ;    48.1399

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