HUMANA INC — Director's Dealing 2007

Feb 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2007-02-26

Reporting Person: BERTKO JOHN M (Vice President & Chief Actuary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-26	Humana Common	M	2570	$53.96	Acquired	55418	Direct
2007-02-26	Humana Common	M	7433	$32.70	Acquired	62851	Direct
2007-02-26	Humana Common	M	5000	$21.275	Acquired	67851	Direct
2007-02-26	Humana Common	S	10303	$60.6388	Disposed	57548	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-26	Options	$32.70	M	7433	Disposed	2012-02-24	Humana Common (7433)	Direct
2007-02-26	Options	$21.275	M	5000	Disposed	2014-02-24	Humana Common (5000)	Direct
2007-02-23	Options	$53.96	M	2570	Disposed	2013-02-23	Humana Common (2570)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Humana Common	1965	Indirect

Footnotes

F1: Shares held for reporting person's benefit as of January 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 2003 Stock Incentive Plan.

F3: 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 in two increments on 2/24/06 and 2/24/07.

F4: 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.

F5: 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.