SEC Form 4 · accession 0001225208-15-001684
Cigna Holding Co · CI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Herbert A Fritch
Officer — President, HealthSpring
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000701221
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.25 Par Value | Jan 15, 2015 | M | 26,419 | $12.25 | A | 310,246 | D | |
| Common Stock, $.25 Par ValueF2 | Jan 15, 2015 | S | 12,945 | $107.5521 | D | 297,301 | D | |
| Common Stock, $.25 Par ValueF2 | Jan 15, 2015 | S | 22,919 | $106.7516 | D | 274,382 | D | |
| Common Stock, $.25 Par Value | Jan 16, 2015 | M | 8,971 | $12.25 | A | 283,353 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $12.25 | Jan 15, 2015 | M | 26,419 | D | — | Feb 13, 2019 | Common Stock, $.25 Par Value | 26,419 | 95,800 | D |
| Employee Stock Option (Right to Buy)F3 | $12.25 | Jan 16, 2015 | M | 8,971 | D | — | Feb 13, 2019 | Common Stock, $.25 Par Value | 8,971 | 86,829 | D |
Explanation of responses
- F1These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2014.
- F2Represents the weighted average price of the shares sold. The prices actually received ranged from (a) $106.31 to $107.27 per share for 22,919 shares, and (b) $107.32 to $107.88 per share for 12,945 shares. The reporting person will provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.
- F3This option vested as follows: 50% on February 13, 2012 and 50% on February 13, 2013.