0001209191-16-106452.txt : 20160307 0001209191-16-106452.hdr.sgml : 20160307 20160307143950 ACCESSION NUMBER: 0001209191-16-106452 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160303 FILED AS OF DATE: 20160307 DATE AS OF CHANGE: 20160307 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: GREGOIRE DANIEL N CENTRAL INDEX KEY: 0001184746 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06639 FILM NUMBER: 161488027 MAIL ADDRESS: STREET 1: 48 MONROE TURNPIKE CITY: TRUMBULL STATE: CT ZIP: 06611 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-03-03 0 0000019411 MAGELLAN HEALTH INC MGLN 0001184746 GREGOIRE DANIEL N 55 NOD ROAD AVON CT 06001 0 1 0 0 General Counsel and Secretary Stock Options (right to buy) 64.87 2016-03-03 4 A 0 15125 0.00 A 2026-03-03 Common Stock 15125 15125 D Performance-Based Restricted Stock Units 0.00 2016-03-03 4 A 0 3535 0.00 A 2019-03-03 Common Stock 3535 3535 D Options vest and become exercisable in one third increments on March 3rd of each of 2017, 2018 and 2019. Not applicable. 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 2016 and ending with 2018. 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. 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. (Continuation of Footnote 3) - 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. Daniel N. Gregoire 2016-03-07