SEC Form 4 · accession 0001209191-16-126879
UNITEDHEALTH GROUP INC · UNH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J Hemsley
Officer — Chief Exec Officer · Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000731766
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 7, 2016 | A | 78,789 | $135.846 | D | 3,203,497 | D | |
| Common Stock | holding | — | — | — | 306 | I | by 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents vested deferred stock units ("DSUs") issued to Mr. Hemsley upon conversion of his cash lump sum benefit under the Agreement for Supplemental Executive Retirement Pay between the Company and Mr. Hemsley (the "SERP"). The number of DSUs issued to Mr. Hemsley was determined by dividing the cash value of the benefit by the average closing price of the Company's common stock for the prior five trading days preceding June 7, 2016, the date the conversion was approved by the Compensation and Human Resources Committee, rounded down to the nearest whole unit.
- F2Represents the average closing price of the Company's common stock for the prior five trading days preceding June 7, 2016.