Insider Trades - WEST JEFFREY N

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WEST JEFFREY N: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Magellan Health Services, Inc. Officer NasdaqGS:MGLN (historical quotes, profile, other insiders)	16-May-09	2,318	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
16-May-09 100 MGLN Option Exercise at $0 per share.
5-Mar-09 952 MGLN Option Exercise at $0 per share.
5-Mar-09 308 MGLN Disposition (Non Open Market) at $31.84 per share.
(Value of $9,806)
2-Mar-09 1,015 MGLN Option Exercise at $0 per share.
2-Mar-09 329 MGLN Disposition (Non Open Market) at $32.31 per share.
(Value of $10,629)
24-Feb-09 533 MGLN Option Exercise at $0 per share.
5-Aug-08 3,349 MGLN Sale at $43.09 per share.
(Proceeds of $144,308)
16-May-08 100 MGLN Option Exercise at $0 per share.
3-Mar-08 1,016 MGLN Option Exercise at $0 per share.
25-Feb-08 533 MGLN Option Exercise at $0 per share.
31-Jan-08 16,666 MGLN Option Exercise at $12.39 - $23.52 per share.
31-Jan-08 16,666 MGLN Sale at $43.74 per share.
(Proceeds of $728,970)
21-Dec-07 7,666 MGLN Option Exercise at $38.21 - $38.52 per share.
(Cost of about $294,000)
21-Dec-07 7,666 MGLN Sale at $48.58 per share.
(Proceeds of $372,414)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
16-May-09	100	MGLN	Option Exercise at $0 per share.
5-Mar-09	952	MGLN	Option Exercise at $0 per share.
5-Mar-09	308	MGLN	Disposition (Non Open Market) at $31.84 per share. (Value of $9,806)
2-Mar-09	1,015	MGLN	Option Exercise at $0 per share.
2-Mar-09	329	MGLN	Disposition (Non Open Market) at $32.31 per share. (Value of $10,629)
24-Feb-09	533	MGLN	Option Exercise at $0 per share.
5-Aug-08	3,349	MGLN	Sale at $43.09 per share. (Proceeds of $144,308)
16-May-08	100	MGLN	Option Exercise at $0 per share.
3-Mar-08	1,016	MGLN	Option Exercise at $0 per share.
25-Feb-08	533	MGLN	Option Exercise at $0 per share.
31-Jan-08	16,666	MGLN	Option Exercise at $12.39 - $23.52 per share.
31-Jan-08	16,666	MGLN	Sale at $43.74 per share. (Proceeds of $728,970)
21-Dec-07	7,666	MGLN	Option Exercise at $38.21 - $38.52 per share. (Cost of about $294,000)
21-Dec-07	7,666	MGLN	Sale at $48.58 per share. (Proceeds of $372,414)