SEC Form 4 · accession 0000049071-19-000030
HUMANA INC · HUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jody L Bilney
Officer — Chief Consumer Officer
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 2:20 pm EST
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 | Feb 25, 2019 | M | 20,209 | $167.805 | A | 32,827 | D | |
| Humana Common | Feb 25, 2019 | M | 595 | $167.805 | A | 33,422 | D | |
| Humana CommonF7 | Feb 25, 2019 | F | 324 | $308.79 | D | 33,098 | D | |
| Humana CommonF8 | Feb 25, 2019 | S | 23,324 | $307.3352 | D | 9,774 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF1 | $167.805 | Feb 25, 2019 | M | 20,804 | D | — | Feb 18, 2023 | Humana Common | 20,804 | 0 | D |
| OptionsF2 | $217.415 | holding | — | — | — | — | Mar 8, 2024 | Humana Common | 23,247 | 23,247 | D |
| OptionsF3 | $268.47 | holding | — | — | — | — | Feb 19, 2025 | Humana Common | 6,221 | 6,221 | D |
| Restricted Stock UnitsF4,F5 | — | holding | — | — | — | — | — | Humana Common | 2,971 | 2,971 | D |
| Restricted Stock UnitsF4,F6 | — | holding | — | — | — | — | — | Humana Common | 963 | 963 | D |
Explanation of responses
- F1Right 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.
- F2Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 03/08/2017. 15,498 options vesting in three annual increments, and 7,749 options fully vest three years from the date of grant.
- F3Right 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.
- F4Right 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).
- F5Restricted stock units granted to reporting person on 03/08/2017, 3,564 shares vesting in three annual increments on 12/15/17, 12/15/18, and 12/15/19. 1,782 shares fully vest three years from the date of grant.
- F6Restricted 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.
- F7Shares swapped for payment of purchase price on stock option exercise using fair market value on February 22, 2019 pursuant to Humana Inc's 2011 Stock Incentive Plan.
- F820,209 shares sold at $307.3352 and 3,115 shares sold at $308.7153.