UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Molina Healthcare, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
| 60855R 10 0 (CUSIP Number) |
December 31, 2003
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
SCHEDULE 13G
CUSIP No. 60855R 10 0
| 1 | Names of Reporting Person I.R.S. Identification No. of above person (entities only)
John C. Molina |
|||
| 2 | Check the Appropriate Box if a Member of a Group* (a) ¨ (b) x |
|||
| 3 | SEC Use Only
|
|||
| 4 | Citizenship or Place of Organization
United States |
|||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 Sole Voting Power
5,643,242 6 Shared Voting Power
74,814 7 Sole Dispositive Power
5,450,939 8 Shared Dispositive Power
267,117 | |
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
5,718,056 |
|||
| 10 | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
¨ |
|||
| 11 | Percent of Class Represented by Amount in Row (9)
22.5%1 |
|||
| 12 | Type of Reporting Person*
IN |
|||
*SEE INSTRUCTIONS
| 1 | Represents percentage ownership of all of the common stock outstanding |
| Item 1 |
(a) |
Name of Issuer: | ||||||||||
| Molina Healthcare, Inc. | ||||||||||||
| Item 1 |
(b) |
Address of Issuer’s Principal Executive Offices: | ||||||||||
| One Golden Shore Drive Long Beach, California 90802 |
||||||||||||
| Item 2 |
(a) |
Name of Person Filing: | ||||||||||
| John C. Molina | ||||||||||||
| Item 2 |
(b) |
Address of Principal Business Office | ||||||||||
| c/o Molina Healthcare, Inc. One Golden Shore Drive Long Beach, California 90802 |
||||||||||||
| Item 2 |
(c) |
Citizenship: | ||||||||||
| United States | ||||||||||||
| Item 2 |
(d) |
Title of Class of Securities: | ||||||||||
| Common Stock, par value $0.001 per share | ||||||||||||
| Item 2 |
(e) |
CUSIP Number:
60855R 10 0 |
||||||||||
| Item 3. |
If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: | |||||||||||
| (a) | ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | ||||||||||
| (b) | ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | ||||||||||
| (c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | ||||||||||
| (d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | ||||||||||
| (e) | ¨ | An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); | ||||||||||
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); | ||||||||||
| (g) | ¨ | A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); | ||||||||||
| (h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||||||||||
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||||||||||
| (j) |
¨ | Group, in accordance with 240.13d-1(b)(1)(ii)(J). | ||||||||||
| If this statement is filed pursuant to 240.13d-1(c), check this box. ¨ |
||||||||||||
| Item 4. |
Ownership: | |||||||||||
| Amount Beneficially Owned: | ||||||||||||
| 5,718,056 | ||||||||||||
| Percent of Class: | ||||||||||||
| 22.5% of all common stock outstanding | ||||||||||||
| Number of shares as to such persons has: | ||||||||||||
| (i) | sole power to vote or to direct the vote: 5,643,242 | |||||||||||
| (ii) | shared power to vote or to direct the vote: 74,814 | |||||||||||
| (iii) | sole power to dispose or to direct the disposition of: 5,450,939 | |||||||||||
| (iv) | shared power to dispose or to direct the disposition of: 267,117 | |||||||||||
The amount beneficially owned as described above includes (a) 426,676 shares owned by John C. Molina; (b) 11,881 shares owned by Mr. Molina and Michelle A. Molina as community property as to which Mr. Molina has shared voting and investment power; (c) 192,303 shares owned by the John C. Molina Trust (1995), of which Mr. Molina is a co-trustee with shared investment power and Mr. Molina is the beneficiary, and as to which Mr. Molina has sole voting power pursuant to a proxy; (d) 62,933 shares owned by the Molina Children’s Trust for John C. Molina (1997), of which Mr. Molina is a co-trustee with shared voting and investment power and Mr. Molina is the beneficiary; (e) 3,356,000 shares owned by the Molina Siblings Trust, of which Mr. Molina is the trustee with sole voting and investment power; (f) 1,056,678 shares owned by the MRM GRAT 301/3, of which Mr. Molina is the trustee with sole voting and investment power; (g) 323,058 shares owned by the MRM GRAT 502/2, of which Mr. Molina is the trustee with sole voting and investment power; (h) 238,133 shares owned by the MRM GRAT 303/2, of which Mr. Molina is the trustee with sole voting and investment power; and (i) 50,394 shares owned by the M/T Molina Children’s Education Trust, of which Mr. Molina is the trustee with sole voting and investment power. Except as described in (a) and (b) above, Mr. Molina does not have any interest in the above-referenced shares other than in his capacity as trustee of the above-referenced trusts and Mr. Molina disclaims any other interest in the shares held by such trusts.
| Item 5. |
Ownership of Five Percent or Less of a Class: | |||||||||||
| Not applicable | ||||||||||||
| Item 6. |
Ownership of More Than Five Percent on Behalf of Another Person: | |||||||||||
| See Item 4 above. | ||||||||||||
| Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: | |||||||||||
| Not applicable | ||||||||||||
| Item 8. |
Identification and Classification of Member of the Group: | |||||||||||
| Not applicable | ||||||||||||
| Item 9. |
Notice of Dissolution of Group: | |||||||||||
| Not applicable | ||||||||||||
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated : February 10, 2004
| /s/ JOHN C. MOLINA |
| John C. Molina |
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations. (See 18 U.S.C. 1001)