SEC Form 4 · accession 0000049071-18-000105
HUMANA INC · HUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy A Beveridge
Officer — Chief Medical Officer
Period of report
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 11:01 am 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 | Aug 6, 2018 | M | 1,291 | $81.795 | A | 15,274 | D | |
| Humana CommonF10 | Aug 6, 2018 | F | 328 | $322.725 | D | 14,946 | D | |
| Humana Common | Aug 6, 2018 | M | 607 | $164.645 | A | 15,553 | D | |
| Humana CommonF10 | Aug 6, 2018 | F | 310 | $322.725 | D | 15,243 | D | |
| Humana Common | Aug 6, 2018 | M | 14,306 | $164.645 | A | 29,549 | D | |
| Humana CommonF11 | Aug 6, 2018 | S | 14,306 | $324.2526 | D | 15,243 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF1 | $81.795 | Aug 6, 2018 | M | 1,291 | D | — | Jun 17, 2020 | Humana Common | 1,291 | 0 | D |
| OptionsF2 | $164.645 | Aug 6, 2018 | M | 14,913 | D | — | Feb 24, 2022 | Humana Common | 14,913 | 0 | D |
| OptionsF3 | $167.805 | holding | — | — | — | — | Feb 18, 2023 | Humana Common | 14,764 | 14,764 | D |
| OptionsF4 | $217.415 | holding | — | — | — | — | Mar 8, 2024 | Humana Common | 15,997 | 15,997 | D |
| OptionsF5 | $268.47 | holding | — | — | — | — | Feb 19, 2025 | Humana Common | 4,415 | 4,415 | D |
| Restricted Stock UnitsF6,F7 | — | holding | — | — | — | — | — | Humana Common | 1,093 | 1,093 | D |
| Restricted Stock UnitsF6,F8 | — | holding | — | — | — | — | — | Humana Common | 2,836 | 2,836 | D |
| Restricted Stock UnitsF6,F9 | — | holding | — | — | — | — | — | Humana Common | 1,024 | 1,024 | D |
Explanation of responses
- F1Right to buy pursuant to Humana Inc.'s 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 06/17/13, vesting in three increments from 06/17/14 to 06/17/16.
- F10Shares swapped for payment of purchase price on stock option exercise using fair market value on August 3, 2018 pursuant to Humana Inc.'s 2011 Stock Incentive Plan.
- F11Shares sold at prices ranging from $323.49 to $325.08. Price reported is weighted average sales price.
- F2Right to buy pursuant to Humana Inc.'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.
- F3Right 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.
- F4Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 03/08/2017. 10,998 options vesting in three annual increments, and 4,999 options fully vest three years from the date of grant.
- F5Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/19/18, vesting in three increments from 02/19/19 to 02/19/21.
- F6Right 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).
- F7Restricted 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.
- F8Restricted stock units granted to reporting person on 03/08/2017, 2,529 shares vesting in three annual increments on 12/15/17, 12/15/18, and 12/15/19. 1,149 shares fully vest three years from the date of grant.
- F9Restricted stock units granted to reporting person on 02/19/18, 33% of the award is vesting on 12/15/18, 12/15/19, and 12/15/20.