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MGLN Magellan Health Inc

94.99
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Magellan Health Inc NASDAQ:MGLN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 94.99 94.97 106.00 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

11/12/2019 5:47pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kamal Mostafa
2. Issuer Name and Ticker or Trading Symbol

MAGELLAN HEALTH INC [ MGLN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO, Magellan Rx Management
(Last)          (First)          (Middle)

15950 NORTH 76TH STREET, SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

12/9/2019
(Street)

SCOTTSDALE, AZ 85260
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Common Stock, $0.01 par value 12/9/2019  X(1)  16666 A$60.55 19459 D  
Ordinary Common Stock, $0.01 par value 12/9/2019  X(1)  100 A$64.87 19559 D  
Ordinary Common Stock, $0.01 par value 12/9/2019  S(1)  16766 D$78.7154 (2)2793 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) $60.55 12/9/2019  X (1)    16666   (3)8/3/2025 Common Stock 16666 $0.00 (4)0 D  
Stock Option (right to buy) $64.87 12/9/2019  X (1)    100   (3)3/3/2026 Common Stock 100 $0.00 (4)7206 D  

Explanation of Responses:
(1) This transaction was effectuated pursuant to a Rule 10b-5-1 Plan.
(2) The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at prices ranging from $78.15 to $80.00, inclusive. The price reported represents the weighted average price. The Reporting Person undertakes to provide staff of the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
(3) All of the stock options in this tranche have vested in full.
(4) Not applicable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Kamal Mostafa
15950 NORTH 76TH STREET
SUITE 200
SCOTTSDALE, AZ 85260


CEO, Magellan Rx Management

Signatures
/s/ Mostafa Kamal12/11/2019
**Signature of Reporting PersonDate

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