MOLINA HEALTHCARE -- SC13G -- CURTIS PEDERSEN

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)

 

            Curtis Pedersen

   

  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

 

                None


  6.    Shared Voting Power

 

                9,514,605


  7.    Sole Dispositive Power

 

                None


  8.    Shared Dispositive Power

 

                9,514,605


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            9,514,605

   

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

 

¨

   

11.  

Percent of Class Represented by Amount in Row (9)

 

            37.5%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:

 

Curtis Pedersen

         

Item 2

 

(b)

  

Address of Principal Business Office

 

555 Capitol Mall, Suite 1500

Sacramento, California 95814.

         

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: 9,514,605
     Percent of class: 37.5% of all common stock outstanding
     Number of shares as to which the person has:
          (i)    sole power to vote or to direct the vote: none          
          (ii)    shared power to vote or to direct the vote: 9,514,605          
          (iii)    sole power to dispose or to direct the disposition of: none          
          (iv)    shared power to dispose or to direct the disposition of: 9,514,605          
The amount beneficially owned as described above includes (a) 3,000 shares owned by Mr. Pedersen and Rosi A. Pedersen as
community property, as to which Mr. Pedersen has shared voting and investment power; (b) 4,796,889 shares owned by the Mary R.
Molina Living Trust, of which Mr. Pedersen is a co-trustee with shared voting and investment power; (c) 3,464,716 shares owned by
the Molina Marital Trust, of which Mr. Pedersen is a co-trustee with shared voting and investment power; and (d) 1,250,000 shares
owned by the MRM GRAT 903/2, of which Mr. Pederson is a co-trustee with shared voting and investment power. Except as
described in (a) above, Mr. Pedersen does not have any interest in the above-referenced shares other than in his capacity as trustee of
the above-referenced trusts and Mr. Pedersen 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/    CURTIS PEDERSEN

Curtis Pedersen

 

Attention:    Intentional misstatements or omissions of fact constitute Federal criminal violations. (See 18 U.S.C. 1001)