Nicole S. Jones - 17 May 2022 Form 4 Insider Report for Cigna Corp (CI)

Signature
By: Jill M. Stadelman, attorney-in-fact
Issuer symbol
CI
Transactions as of
17 May 2022
Net transactions value
-$649,219
Form type
4
Filing time
19 May 2022, 17:22:09 UTC
Previous filing
22 Apr 2022
Next filing
02 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Options Exercise $821,537 +5,901 +16% $139.22 42,809 17 May 2022 Direct F1
transaction CI Common Stock, $.01 Par Value Sale $1,593,270 -5,901 -14% $270.00 36,908 17 May 2022 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $122,514 +880 +2.4% $139.22 37,788 18 May 2022 Direct F1
holding CI Common Stock, $.01 Par Value 1,343 17 May 2022 By 401(k) F2

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 Employee Stock Option (Right to Buy) Options Exercise $0 -5,901 -87% $0.000000 880 17 May 2022 Common Stock, $.01 Par Value 5,901 $139.22 Direct F1, F3
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -880 -100% $0.000000* 0 18 May 2022 Common Stock, $.01 Par Value 880 $139.22 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2022.
F2 Represents shares acquired through ongoing participation in Cigna's 401(k) Plan.
F3 This option was granted on March 1, 2016. The option vested in three equal annual installments on the first, second and third anniversaries of the grant date.