HUMANA INC — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUMANA INC (HUM)
CIK: 0000049071
Period of Report: 2020-12-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-15	Humana Common	M	3415	—	Acquired	65267	Direct
2020-12-15	Humana Common	F	1344	$390.485	Disposed	63923	Direct
2020-12-15	Humana Common	M	3044	—	Acquired	66967	Direct
2020-12-15	Humana Common	F	1198	$390.485	Disposed	65769	Direct
2020-12-15	Humana Common	M	2672	—	Acquired	68441	Direct
2020-12-15	Humana Common	F	1052	$390.485	Disposed	67389	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-15	Restricted Stock Units	$	M	3415	Disposed		Humana Common (3415)	Direct
2020-12-15	Restricted Stock Units	$	M	3044	Disposed		Humana Common (3044)	Direct
2020-12-15	Restricted Stock Units	$	M	2672	Disposed		Humana Common (2672)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$268.47	2025-02-19	Humana Common (14718)	14718	Direct
Options	$307.965	2026-02-25	Humana Common (40409)	40409	Direct
Options	$350.7875	2027-02-24	Humana Common (40290)	40290	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 02/19/2018, 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 02/25/2019, vesting in three annual increments.

F3: Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/24/2020, 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: Right to receive one share per restricted stock unit pursuant to the Company's 2019 Amended & Restated 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 02/19/2018, 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 02/25/2019, 33% of the award is vesting on 12/15/19, 12/15/20, and 12/15/21.

F8: Restricted stock units granted to reporting person on 02/24/2020, 33% of the award is vesting on 12/15/20, 12/15/21, and 12/15/22.