HUMANA INC — Director's Dealing 2007

Sep 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2007-09-18

Reporting Person: HATHCOCK BONNIE C (Sr VP & Chief Human Res. Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-18	Humana Common	S	500	$66.17	Disposed	41560	Direct
2007-09-18	Humana Common	S	200	$66.18	Disposed	41360	Direct
2007-09-18	Humana Common	S	200	$66.19	Disposed	41160	Direct
2007-09-18	Humana Common	S	100	$66.20	Disposed	41060	Direct
2007-09-18	Humana Common	S	900	$66.21	Disposed	40160	Direct
2007-09-18	Humana Common	S	600	$66.25	Disposed	39560	Direct
2007-09-18	Humana Common	S	400	$66.26	Disposed	39160	Direct
2007-09-18	Humana Common	S	400	$66.27	Disposed	38760	Direct
2007-09-18	Humana Common	S	300	$66.28	Disposed	38460	Direct
2007-09-18	Humana Common	S	100	$66.30	Disposed	38360	Direct
2007-09-18	Humana Common	S	400	$66.32	Disposed	37960	Direct
2007-09-18	Humana Common	S	900	$66.34	Disposed	37060	Direct
2007-09-18	Humana Common	S	100	$66.36	Disposed	36960	Direct
2007-09-18	Humana Common	S	600	$66.39	Disposed	36360	Direct
2007-09-18	Humana Common	S	500	$66.40	Disposed	35860	Direct
2007-09-18	Humana Common	S	600	$66.41	Disposed	35260	Direct
2007-09-18	Humana Common	S	100	$66.42	Disposed	35160	Direct
2007-09-18	Humana Common	S	100	$66.43	Disposed	35060	Direct
2007-09-18	Humana Common	S	300	$66.44	Disposed	34760	Direct
2007-09-18	Humana Common	S	800	$66.45	Disposed	33960	Direct
2007-09-18	Humana Common	S	300	$66.46	Disposed	33660	Direct
2007-09-18	Humana Common	S	500	$66.47	Disposed	33160	Direct
2007-09-18	Humana Common	S	899	$66.48	Disposed	32261	Direct
2007-09-18	Humana Common	S	100	$66.49	Disposed	32161	Direct
2007-09-18	Humana Common	S	600	$66.50	Disposed	31561	Direct
2007-09-18	Humana Common	S	100	$66.51	Disposed	31461	Direct
2007-09-18	Humana Common	S	200	$66.52	Disposed	31261	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Humana Common	1946	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$32.70	2012-02-24	Humana Common (25000)	25000	Direct
Options	$12.995	2012-03-13	Humana Common (5195)	5195	Direct
Options	$21.275	2014-02-24	Humana Common (4700)	4700	Direct
Options	$53.96	2013-02-23	Humana Common (31770)	31770	Direct
Options	$62.10	2014-02-22	Humana Common (38062)	38062	Direct
Phantom Stock Units	$		Humana Common (9)	9	Indirect

Footnotes

F1: Stock units held for the benefit of reporting person as of August 31, 2007 under the Humana Retirement & Savings Plan including a routine disposition of shares to fund an administrative fee assessment under a Tax-Conditioned Plan, both exempt under Rule 16b-3(c).

F2: Right to buy pursuant to the Company's 1996 Stock Incentive Plan for Employees.

F3: Incentive and Non-Qualified stock options granted to reporting person on 3/13/02, NQ options vesting in three increments from 3/13/03 to 3/13/05, and ISO's vesting on 3/13/05.

F4: Right to buy pursuant to the Company's 2003 Stock Incentive Plan.

F5: Incentive and Non-Qualified stock options granted to reporting person on 2/24/04, NQ options vesting in three increments from 2/24/05 to 2/24/07, and ISO's vesting on 2/24/07.

F6: Incentive and Non-Qualified stock options granted to reporting person on 2/24/05, NQ options vesting in three increments from 2/24/06 to 2/24/08, and ISO's vesting on 2/24/08.

F7: Incentive and Non-Qualified stock options granted to reporting person on 2/23/06, NQ options vesting in three increments from 2/23/07 to 2/23/09, and ISO's vesting on 2/23/09.

F8: Incentive and Non-Qualified stock options granted to reporting person on 2/22/07, NQ options vesting in three increments from 2/22/08 to 2/22/10, and ISO's vesting on 2/22/10.

F9: Phantom Stock Units held for the benefit of reporting person as of August 31, 2007, based on the value of Humana common stock on a 1-for-1 basis, under the Humana Excess Plan exempt under Rule 16b-3(c and d).