Joseph C. Ventura - Feb 21, 2024 Form 4 Insider Report for HUMANA INC (HUM)

Role
Chief Legal Officer
Signature
Joseph C. Ventura
Stock symbol
HUM
Transactions as of
Feb 21, 2024
Transactions value $
-$422,119
Form type
4
Date filed
2/23/2024, 12:54 PM
Previous filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUM Humana Common Options Exercise $0 +3.41K +71.51% $0.00 8.18K Feb 22, 2024 Direct F12
transaction HUM Humana Common Tax liability -$422K -1.15K -14.09% $366.11 7.03K Feb 22, 2024 Direct F13
transaction HUM Humana Common Award $0 +4.43K +62.96% $0.00 11.5K Feb 21, 2024 Direct F10, F11
holding HUM Humana Common 245 Feb 21, 2024 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
transaction HUM Options Award $0 +6.57K $0.00 6.57K Feb 21, 2024 Humana Common 6.57K $367.21 Direct F6
holding HUM Options 4.66K Feb 21, 2024 Humana Common 4.66K $350.79 Direct F2
holding HUM Options 4.6K Feb 21, 2024 Humana Common 4.6K $376.61 Direct F3
holding HUM Options 3.93K Feb 21, 2024 Humana Common 3.93K $425.06 Direct F4
holding HUM Options 4.16K Feb 21, 2024 Humana Common 4.16K $510.24 Direct F5
holding HUM Restricted Stock Units 362 Feb 21, 2024 Humana Common 362 Direct F7, F8
holding HUM Restricted Stock Units 719 Feb 21, 2024 Humana Common 719 Direct F7, F9
* 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, 2024 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 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 from 2/24/21 to 2/24/23.
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 02/22/2021, vesting in three annual increments from 2/22/22 to 2/22/24.
F4 Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/21/2022, vesting in three annual increments from 2/21/23 to 2/21/25.
F5 Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/24/2023, vesting in three annual increments from 2/24/24 to 2/24/26.
F6 Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 02/21/2024, vesting in three annual increments from 2/21/25 to 2/21/27.
F7 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).
F8 Restricted stock units granted to reporting person on 02/21/2022, 33% of the award is vesting on 12/15/22, 12/15/23, and 12/15/24.
F9 Restricted stock units granted to reporting person on 02/24/2023, 33% of the award is vesting on 12/15/23, 12/15/24, and 12/15/25.
F10 Restricted stock units granted to reporting person 2/21/24.
F11 Includes 4,425 restricted stock units representing a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1)&(3) under the Company's 2019 Amended & Restated Plan.
F12 Includes Performance Stock Units not required to be reported until vest.
F13 Shares disposed of represent payment for tax liability on Performance Stock Units vested on 2/22/24.