Sec Form 4 Filing - WEST JEFFREY N @ MAGELLAN HEALTH INC - 2017-09-27

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
WEST JEFFREY N
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)
SVP & Controller
(Last) (First) (Middle)
14100 MAGELLAN PLAZA
3. Date of Earliest Transaction (MM/DD/YY)
09/27/2017
(Street)
MARYLAND HEIGHTS, MO63043
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
Ordinary Common Stock, $0.01 par value 09/27/2017 X( 1 ) 5,580 A $ 32.91 19,511 D
Ordinary Common Stock, $0.01 par value 09/27/2017 X( 1 ) 3,538 A $ 42.75 23,049 D
Ordinary Common Stock, $0.01 par value 09/27/2017 X( 1 ) 3,654 A $ 49.1 26,703 D
Ordinary Common Stock, $0.01 par value 09/27/2017 X( 1 ) 3,575 A $ 47.46 30,278 D
Ordinary Common Stock, $0.01 par value 09/27/2017 X( 1 ) 3,574 A $ 53 33,852 D
Ordinary Common Stock, $0.01 par value 09/27/2017 S( 1 ) 18,502 D $ 85.2411 ( 2 ) 15,350 D
Ordinary Common Stock, $0.01 par value 09/27/2017 S( 1 ) 1,419 D $ 86.0641 ( 3 ) 13,931 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
Stock Option (right to buy) $ 32.91 09/27/2017 X( 1 ) 5,580 ( 4 ) 03/04/2019 Common Stock 5,580 $ 0 ( 5 ) 15,312 D
Stock Option (right to buy) $ 42.75 09/27/2017 X( 1 ) 3,538 ( 4 ) 03/03/2020 Common Stock 3,538 $ 0 ( 5 ) 17,965 D
Stock Option (right to buy) $ 49.1 09/27/2017 X( 1 ) 3,654 ( 4 ) 03/03/2021 Common Stock 3,654 $ 0 ( 5 ) 16,532 D
Stock Option (right to buy) $ 47.46 09/27/2017 X( 1 ) 3,575 ( 4 ) 03/05/2022 Common Stock 3,575 $ 0 ( 5 ) 22,137 D
Stock Option (right to buy) $ 53 09/27/2017 X( 1 ) 3,574 ( 4 ) 03/05/2023 Common Stock 3,574 $ 0 ( 5 ) 20,909 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WEST JEFFREY N
14100 MAGELLAN PLAZA
MARYLAND HEIGHTS, MO63043
SVP & Controller
Signatures
/s/ Jeffrey N. West 09/29/2017
Signature of Reporting Person Date
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 $85.00 to $85.75, 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 )The number of securities reported represents an aggregate number of shares sold in multiple open market transactions at prices ranging from $86.00 to $86.15, 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
( 4 )All of the stock options in this tranche have vested in full.
( 5 )Not applicable.

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