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: Huval Timothy S. (Chief Administrative Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-15	Humana Common	M	1189	—	Acquired	10571	Direct
2019-12-15	Humana Common	F	543	$350.41	Disposed	10028	Direct
2019-12-15	Humana Common	M	512	—	Acquired	10540	Direct
2019-12-15	Humana Common	F	234	$350.41	Disposed	10306	Direct
2019-12-15	Humana Common	M	460	—	Acquired	10766	Direct
2019-12-15	Humana Common	F	211	$350.41	Disposed	10555	Direct
2019-12-16	Humana Common	S	1173	$354.585	Disposed	9382	Direct
2019-03-04	Humana Common	G	340	—	Disposed	9042	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-15	Restricted Stock Units	$	M	1189	Disposed		Humana Common (1189)	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	$217.415	2024-03-08	Humana Common (12916)	12916	Direct
Options	$268.47	2025-02-19	Humana Common (4416)	4416	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. 15,498 options vesting in three annual increments, and 7,749 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 the 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: 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, 3,564 shares vesting in three annual increments on 12/15/17, 12/15/18, and 12/15/19. 1,782 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: All shares sold at reported price.

F9: This transation represents a gift/charitable donation effective March 4, 2019, in which no value was received in return.