HUMANA INC — Director's Dealing 2019

Feb 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2019-02-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-22	Humana Common	M	38552	$167.805	Acquired	120673	Direct
2019-02-22	Humana Common	F	20969	$308.52	Disposed	99704	Direct
2019-02-22	Humana Common	F	7515	$308.79	Disposed	92189	Direct
2019-02-22	Humana Common	M	595	$167.805	Acquired	92784	Direct
2019-02-22	Humana Common	F	324	$308.52	Disposed	92460	Direct
2019-02-22	Humana Common	S	24384	$310.6495	Disposed	68076	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-22	Options	$167.805	M	39147	Disposed	2023-02-18	Humana Common (39147)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 (8126)	8126	Direct
Restricted Stock Units	$		Humana Common (6829)	6829	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 02/18/16, vesting in three annual increments.

F2: 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.

F3: 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.

F4: 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).

F5: 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.

F6: 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.

F7: Shares swapped for payment of purchase price on stock option exercise using fair market value on February 21, 2019 pursuant to Humana Inc's 2011 Stock Incentive Plan.

F8: Shares swapped for payment of taxes on stock option exercise using fair market value on February 22, 2019 pursuant to Humana Inc's 2011 Stock Incentive Plan.

F9: Shares sold at prices ranging from $309.615 to $311.195. Price reported is weighted average sales price.