0001209191-19-017370.txt : 20190306
0001209191-19-017370.hdr.sgml : 20190306
20190306163619
ACCESSION NUMBER: 0001209191-19-017370
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190305
FILED AS OF DATE: 20190306
DATE AS OF CHANGE: 20190306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kamal Mostafa
CENTRAL INDEX KEY: 0001647234
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06639
FILM NUMBER: 19662948
MAIL ADDRESS:
STREET 1: 15950 NORTH 76TH STREET, #200
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85260
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 N. SCOTTSDALE ROAD
STREET 2: SUITE 4400
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85251
BUSINESS PHONE: 602-572-6050
MAIL ADDRESS:
STREET 1: 4800 N. 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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-03-05
0
0000019411
MAGELLAN HEALTH INC
MGLN
0001647234
Kamal Mostafa
15950 NORTH 76TH STREET
SUITE 200
SCOTTSDALE
AZ
85260
0
1
0
0
CEO, Magellan Rx Management
Stock Options (right to buy)
66.57
2019-03-05
4
A
0
40808
0.00
A
2029-03-05
Common Stock
40808
40808
D
Performance-Based Restricted Stock Units
0.00
2019-03-05
4
A
0
10679
0.00
A
2022-03-05
Common Stock
10679
10679
D
Options vest and become exercisable in one third increments on March 5th of each of 2020, 2021 and 2022.
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 2019 and ending with 2022. 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.
/s/ Mostafa Kamal
2019-03-06