SEC Form 4 · accession 0000049071-18-000067
HUMANA INC · HUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce D Broussard
Officer — President & CEO · Director
Period of report
May 3, 2018
Accepted (ET)
May 7, 2018 · 3:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049071
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Humana Common | May 3, 2018 | M | 607 | $164.645 | A | 89,259 | D | |
| Humana CommonF9 | May 3, 2018 | F | 349 | $287.14 | D | 88,910 | D | |
| Humana Common | May 3, 2018 | M | 38,935 | $164.645 | A | 127,845 | D | |
| Humana CommonF9 | May 3, 2018 | F | 22,326 | $287.14 | D | 105,519 | D | |
| Humana CommonF10 | May 3, 2018 | F | 7,630 | $284.775 | D | 97,889 | D | |
| Humana Common | May 3, 2018 | M | 39,147 | $167.805 | A | 137,036 | D | |
| Humana CommonF9 | May 3, 2018 | F | 22,878 | $287.14 | D | 114,158 | D | |
| Humana CommonF10 | May 3, 2018 | F | 7,469 | $284.775 | D | 106,689 | D | |
| Humana CommonF11 | May 3, 2018 | S | 17,604 | $286.1676 | D | 89,085 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF1 | $164.645 | May 3, 2018 | M | 39,542 | D | — | Feb 24, 2022 | Humana Common | 39,542 | 0 | D |
| OptionsF2 | $167.805 | May 3, 2018 | M | 39,147 | D | — | Feb 18, 2023 | Humana Common | 39,147 | 39,147 | D |
| OptionsF3 | $217.415 | holding | — | — | — | — | Mar 8, 2024 | Humana Common | 105,988 | 105,988 | D |
| OptionsF4 | $268.47 | holding | — | — | — | — | Feb 19, 2025 | Humana Common | 44,152 | 44,152 | D |
| Restricted Stock UnitsF5,F6 | — | holding | — | — | — | — | — | Humana Common | 8,693 | 8,693 | D |
| Restricted Stock UnitsF5,F7 | — | holding | — | — | — | — | — | Humana Common | 16,252 | 16,252 | D |
| Restricted Stock UnitsF5,F8 | — | holding | — | — | — | — | — | Humana Common | 10,243 | 10,243 | D |
Explanation of responses
- F1Right to buy pursuant to the Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to Reporting Person on 02/24/15, vesting in three increments from 02/24/16 to 02/24/18.
- F10Shares swapped for payment of taxes on stock option exercise using fair market value on May 3, 2018 pursuant to Humana Inc's 2011 Stock Incentive Plan.
- F11Shares sold at prices ranging from $285.95 to $286.475. Price reported is weighted average sales price.
- F2Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/18/16, vesting in three increments from 02/18/17 to 02/18/19.
- F3Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 03/08/2017, vesting in three annual increments.
- F4Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/19/2018, vesting in three annual increments.
- F5Right to receive one share per restricted stock unit pursuant to the Company's 2011 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1) & (3).
- F6Restricted stock units granted to reporting person on 02/18/16, 33% of the award is vesting on 12/15/16, 12/15/17, and 12/15/18.
- F7Restricted stock units granted to reporting person on 03/08/2017, 33% of the award is vesting on 12/15/17, 12/15/18, and 12/15/19.
- F8Restricted stock units granted to reporting person on 02/19/2018, 33% of the award is vesting on 12/15/18, 12/15/19, and 12/15/20.
- F9Shares swapped for payment of purchase price on stock option exercise using fair market value on May 2, 2018 pursuant to Humana Inc's 2011 Stock Incentive Plan.