0001209191-16-106458.txt : 20160307
0001209191-16-106458.hdr.sgml : 20160307
20160307145135
ACCESSION NUMBER: 0001209191-16-106458
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: Srivastava Sanjeev K
CENTRAL INDEX KEY: 0001589582
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06639
FILM NUMBER: 161488073
MAIL ADDRESS:
STREET 1: 55 NOD ROAD
CITY: AVON
STATE: CT
ZIP: 06001
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-03-03
0
0000019411
MAGELLAN HEALTH INC
MGLN
0001589582
Srivastava Sanjeev K
55 NOD ROAD
AVON
CT
06001
0
1
0
0
CEO, Magellan Healthcare
Stock Options (right to buy)
64.87
2016-03-03
4
A
0
32880
0.00
A
2026-03-03
Common Stock
32880
32880
D
Performance-Based Restricted Stock Units
0.00
2016-03-03
4
A
0
7684
0.00
A
2019-03-03
Common Stock
7684
7684
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.
Sanjeev K. Srivastava
2016-03-07