ERIC C. WISEMAN - 28 Feb 2022 Form 4 Insider Report for Cigna Corp (CI)

Role
Director
Signature
By: Jill M. Stadelman, attorney-in-fact
Issuer symbol
CI
Transactions as of
28 Feb 2022
Net transactions value
+$45,654
Form type
4
Filing time
02 Mar 2022, 19:07:40 UTC
Previous filing
02 Dec 2021
Next filing
29 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Award $0 +199 +0.98% $0.000000 20,459 28 Feb 2022 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 CI Phantom Stock Units Award $45,654 +192 +3.1% $237.78 6,404 28 Feb 2022 Common Stock, $.01 Par Value 192 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation ("Deferral Plan"), directors may elect to defer the payment of the cash and/or common stock portion of their retainers beyond the designated payment date. The phantom stock units described in Table II represent the voluntary deferral of a portion of the reporting person's cash retainer into the hypothetical Cigna stock fund under the Deferral Plan. Each phantom stock unit is the economic equivalent of one share of Cigna common stock and will be settled in cash.
F2 Includes 28 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferred Compensation Plan for Directors of Cigna Corporation.