HUMANA INC — Director's Dealing 2012

Jun 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2012-06-18

Reporting Person: HILZINGER KURT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-18	Humana Common	M	15000	$16.455	Acquired	22202	Direct
2012-06-18	Humana Common	M	2500	$23.05	Acquired	24702	Direct
2012-06-18	Humana Common	F	7280	$78.545	Disposed	17422	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-18	Option	$23.05	M	2500	Disposed	2014-01-02	Humana Common (2500)	Direct
2012-06-18	Option	$16.455	M	15000	Disposed	2013-07-10	Humana Common (15000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Unit	$		Humana Common (15846)	15846	Direct
Stock Unit	$		Humana Common (163)	163	Direct

Footnotes

F1: Annual Director's fee payable in stock units which have been deferred at the election of the reporting person until his resignation of services as a director at which time the stock units will be payable in Humana Inc. common stock on a 1-for-1 basis, exempt pursuant to Rule 16(b)-3(d)(1).

F2: Director's dividend payment reinvested into stock units on vested and deferred stock units, deferred in accordance with the Plan until his resignation of services as a director at which time the deferred dividend stock units will be payable in Humana Inc. common stock on a 1-for-1 basis, exempt pursuant to Rule16(b)-3(d).

F3: Right to buy pursuant to Humana Inc.'s 2003 Stock Incentive Plan.