BRAD D. SMITH - 15 Sep 2023 Form 4 Insider Report for HUMANA INC (HUM)

Role
Director
Signature
Brad D. Smith
Issuer symbol
HUM
Transactions as of
15 Sep 2023
Net transactions value
$0
Form type
4
Filing time
19 Sep 2023, 09:39:33 UTC
Previous filing
13 Sep 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUM Humana Common Options Exercise $0 +386 $0.000000 386 15 Sep 2023 Direct

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
transaction HUM Restricted Stock Units Options Exercise $0 -386 -100% $0.000000* 0 15 Sep 2023 Humana Common 386 Direct F1, F2
holding HUM Restricted Stock Units 380 15 Sep 2023 Humana Common 380 Direct F3
holding HUM Restricted Stock Units 132 15 Sep 2023 Humana Common 132 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 Initial award of $190,000 worth of restricted stock units pursuant to the annual Director Compensation Program. 100% of the award will vest on 9/15/2023 and forfeited in its entirety if service is less than one year.
F3 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 2019 Amended & Restated Plan.100% of the award is vesting on 12/31/23.
F4 Director's cash fee elected to be converted into stock units, deferred at the election of the Reporting Person until his resignation of services as a director at which time the stock units will be payable in Humana Inc. common stock on a 1-for-1 basis, exempt pursuant to Rule 16(b)-3(d)(1).