Everett Neville - Jul 1, 2021 Form 4 Insider Report for Cigna Corp (CI)

Role
EVP, Strategy and Business Dev
Signature
By: Jill M. Stadelman, attorney-in-fact
Stock symbol
CI
Transactions as of
Jul 1, 2021
Transactions value $
$2,518,501
Form type
4
Date filed
7/6/2021, 05:47 PM
Next filing
Jan 5, 2022

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 CI Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $2.52M +10.6K +2503.05% $238.30 11K Jul 1, 2021 Common Stock, $.01 Par Value 10.6K $0.00 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents phantom stock units under the Cigna stock fund of the Express Scripts, Inc. Executive Deferred Compensation Plan. Each phantom stock unit represents the right to receive the cash value of one share of Cigna stock.
F2 Reporting person provided the instruction to invest in the Cigna stock fund on June 3, 2021.
F3 Phantom stock units are payable in cash in accordance with the terms of the Express Scripts, Inc. Executive Deferred Compensation Plan. The reporting person may transfer his interests in the Cigna stock fund into an alternative investment account.
F4 Includes 3.5394 phantom stock units acquired pursuant to a dividend reinvestment feature of the Express Scripts, Inc. Executive Deferred Compensation Plan.