Sec Form 4 Filing - Hannan Timothy C. @ eHealth, Inc. - 2019-07-30

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hannan Timothy C.
2. Issuer Name and Ticker or Trading Symbol
eHealth, Inc. [ EHTH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Marketing Officer
(Last) (First) (Middle)
C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
07/30/2019
(Street)
SANTA CLARA, CA95054
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock 07/30/2019 M 7,500 A $ 18.6 55,855 D
Common Stock 07/30/2019 M 7,500 A $ 18.6 63,355 D
Common Stock 07/30/2019 S 4,500 D $ 101.65 ( 1 ) 58,855 D
Common Stock 07/30/2019 S 4,600 D $ 102.72 ( 2 ) 54,255 D
Common Stock 07/30/2019 S 5,587 D $ 103.82 ( 3 ) 48,668 D
Common Stock 07/30/2019 S 4,998 D $ 104.58 ( 4 ) 43,670 D
Common Stock 07/30/2019 S 100 D $ 105.23 43,570 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 18.6 07/30/2019 M 7,500 ( 5 ) 07/18/2024 Common Stock 7,500 $ 18.6 7,500 D
Performance Stock Option $ 18.6 07/30/2019 M 7,500 ( 6 ) 07/18/2024 Common Stock 7,500 $ 18.6 7,500 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hannan Timothy C.
C/O EHEALTH, INC.
2625 AUGUSTINE DRIVE, SECOND FLOOR
SANTA CLARA, CA95054
Chief Marketing Officer
Signatures
/s/ Scott Giesler, as attorney-in-fact for Timothy C. Hannan 07/31/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Table I, Column 4 for sales on 7/30/2019 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.14 to $102.12, inclusive. The reporting person undertakes to provide to eHealth, Inc., any security holder of eHealth Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) to (4) of this Form 4.
( 2 )The price reported in Table I, Column 4 for sales on 7/30/2019 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.17 to $103.14, inclusive.
( 3 )The price reported in Table I, Column 4 for sales on 7/30/2019 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.20 to $104.17, inclusive.
( 4 )The price reported in Table I, Column 4 for sales on 7/30/2019 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.21 to $105.17, inclusive.
( 5 )The stock option will vest as to 25% of the shares one year after the vesting commencement date of June 26, 2017 and 1/48th of the shares each month thereafter, subject to the individual continuing to provide services to the company through the applicable vesting date.
( 6 )The performance-based stock options will be eligible to vest during a four-year performance period following the awards's grant date based on the company's stock price trading at certain pre-determined price thresholds. Once a price threshold is achieved, the portion of the award related to that threshold will vest one year later, subject to the individual continuing to provide services to the company through the applicable vesting date.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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