SEC Form 4 · accession 0001209191-17-049445
UNITEDHEALTH GROUP INC · UNH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Wichmann
Officer — President
Period of report
Aug 15, 2017
Accepted (ET)
Aug 17, 2017 · 5:29 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,F3 | Aug 15, 2017 | A | 4,866 | $0.00 | A | 717,312 | D | |
| Common Stock | holding | — | — | — | 232 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (right to buyF4 | $194.50 | Aug 15, 2017 | A | 30,031 | A | — | Aug 15, 2027 | Common Stock | 30,031 | 30,031 | D |
Explanation of responses
- F1The restricted stock units will vest at a rate of 25% annually on August 15 from the years 2018 through 2021.
- F2Includes shares received through UnitedHealth Group Incorporated's Employee Stock Purchase Plan.
- F3Amount does not include Performance Share Awards granted to the executive officer on August 15, 2017, as performance awards not tied to stock price are not derivative securities for purposes of Section 16 under guidance from the staff of the SEC. The number of Performance Shares that the executive officer will receive will be determined at the end of the 3-year performance period and will be dependent upon the achievement of cumulative 3-year EPS and average return-on-equity performance metrics approved by the Compensation and Human Resources Committee. The target number of Performance Shares is 9,731.
- F4The stock options vest at a rate of 25% annually on August 15 from the years 2018 through 2021.