HUMANA INC — Director's Dealing 2018

Feb 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2018-02-24

Reporting Person: BROUSSARD BRUCE D (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-24	Humana Common	M	25244	—	Acquired	113896	Direct
2018-02-24	Humana Common	F	11169	$269.31	Disposed	102727	Direct
2018-02-26	Humana Common	S	14075	$274.3185	Disposed	88652	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$164.645	2022-02-24	Humana Common (39542)	39542	Direct
Options	$167.805	2023-02-18	Humana Common (78294)	78294	Direct
Options	$217.415	2024-03-08	Humana Common (105988)	105988	Direct
Options	$268.47	2025-02-19	Humana Common (44152)	44152	Direct
Restricted Stock Units	$		Humana Common (8693)	8693	Direct
Restricted Stock Units	$		Humana Common (16252)	16252	Direct
Restricted Stock Units	$		Humana Common (10243)	10243	Direct

Footnotes

F1: Right to buy pursuant to the Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to Reporting Person on 02/24/15, vesting in three increments from 02/24/16 to 02/24/18.

F2: Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/18/16, vesting in three increments from 02/18/17 to 02/18/19.

F3: Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 03/08/2017, vesting in three annual increments.

F4: Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/19/2018, vesting in three annual increments.

F5: Right to receive one share per restricted stock unit pursuant to the Company's 2011 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1) & (3).

F6: Restricted stock units granted to reporting person on 02/18/16, 33% of the award is vesting on 12/15/16, 12/15/17, and 12/15/18.

F7: Restricted stock units granted to reporting person on 03/08/2017, 33% of the award is vesting on 12/15/17, 12/15/18, and 12/15/19.

F8: Restricted stock units granted to reporting person on 02/19/2018, 33% of the award is vesting on 12/15/18, 12/15/19, and 12/15/20.

F9: Includes Performance Stock Units that vested on 2/24/2018.

F10: Shares sold at prices ranging from $273.4801 to $275.26. Price reported is weighted average sales price.