HUMANA INC — Director's Dealing 2019

Dec 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2019-12-15

Reporting Person: HUNTER CHRISTOPHER H. (Seg Pres. Gr. & Military Bus.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-15	Humana Common	M	997	—	Acquired	13680	Direct
2019-12-15	Humana Common	F	454	$350.41	Disposed	13226	Direct
2019-12-15	Humana Common	M	512	—	Acquired	13738	Direct
2019-12-15	Humana Common	F	233	$350.41	Disposed	13505	Direct
2019-12-15	Humana Common	M	460	—	Acquired	13965	Direct
2019-12-15	Humana Common	F	210	$350.41	Disposed	13755	Direct
2019-12-16	Humana Common	M	4333	$217.415	Acquired	18088	Direct
2019-12-16	Humana Common	S	5405	$357.376	Disposed	12683	Direct
2019-12-16	Humana Common	G	287	—	Disposed	12396	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-16	Options	$217.415	M	4333	Disposed	2024-03-08	Humana Common (4333)	Direct
2019-12-15	Restricted Stock Units	$	M	997	Disposed		Humana Common (997)	Direct
2019-12-15	Restricted Stock Units	$	M	512	Disposed		Humana Common (512)	Direct
2019-12-15	Restricted Stock Units	$	M	460	Disposed		Humana Common (460)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$268.47	2025-02-19	Humana Common (6623)	6623	Direct
Options	$307.965	2026-02-25	Humana Common (6106)	6106	Direct

Footnotes

F1: 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. 12,998 options vesting in three annual increments, and 6,499 options fully vest three years from the date of grant.

F2: Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/19/18, vesting in three increments from 02/19/19 to 02/19/21.

F3: Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/25/19, vesting in three increments from 02/25/20 to 02/25/22.

F4: 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) under Company's 2011 Plan.

F5: Restricted stock units granted to reporting person on 03/08/2017, 2,989 shares vesting in three annual increments on 12/15/17, 12/15/18, and 12/15/19. 1,494 shares fully vest three years from the date of grant.

F6: Restricted stock units granted to reporting person on 02/19/18, 33% of the award is vesting on 12/15/18, 12/15/19, and 12/15/20.

F7: Restricted stock units granted to reporting person on 02/25/19, 33% of the award is vesting on 12/15/19, 12/15/20, and 12/15/21.

F8: Price reported is weighted avg sales price for 4,333 options. 1,072 long shares were sold at $357.8145.

F9: This transaction represents a gift/charitable donation effective December 16, 2019. There was no consideration received in return.