Cynthia H. Zipperle - Feb 25, 2022 Form 4 Insider Report for HUMANA INC (HUM)

Role
SVP, Chief Acct Officer & Cont
Signature
Cynthia H. Zipperle
Stock symbol
HUM
Transactions as of
Feb 25, 2022
Transactions value $
-$182,871
Form type
4
Date filed
3/1/2022, 03:13 PM
Previous filing
Dec 17, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUM Humana Common Options Exercise $0 +1.32K +27.41% $0.00 6.15K Feb 25, 2022 Direct F6
transaction HUM Humana Common Tax liability -$183K -427 -6.94% $428.27 5.72K Feb 25, 2022 Direct F7
holding HUM Humana Common 907 Feb 25, 2022 See Footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HUM Restricted Stock Units 238 Feb 25, 2022 Humana Common 238 Direct F2, F3
holding HUM Restricted Stock Units 410 Feb 25, 2022 Humana Common 410 Direct F2, F4
holding HUM Phantom Stock Units 248 Feb 25, 2022 Humana Common 248 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held for the benefit of reporting person as of January 31, 2022 under the Humana Retirement Savings Plan including routine payroll deductions, quarterly dividend allocation, and a routine disposition of shares to fund an administrative fee assessment under a Tax-Conditioned Plan, exempt under Rule 16b-3(c).
F2 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).
F3 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.
F4 Restricted stock units granted to reporting person on 02/22/2021, 33% of the award is vesting on 12/15/21, 12/15/22, and 12/15/23.
F5 Phantom Stock Units held for the benefit of reporting person as of January 31, 2022 based on the value of Humana common stock on a 1-for-1 basis, under the Humana Retirement Equalization Plan. The ending number of units reflects normal fluctuation due to changes in stock price.
F6 Performance Stock Units vested on 2/25/22, not required to be reported until vest.
F7 Disposition reported represents shares withheld for payment of tax liability associated with vesting of Performance Stock Units on 2/25/22.