Eric C. Wiseman - Jun 8, 2022 Form 4 Insider Report for Cigna Corp (CI)

Role
Director
Signature
Kari K. Stevens, attorney-in-fact
Stock symbol
CI
Transactions as of
Jun 8, 2022
Transactions value $
$41,098
Form type
4
Date filed
6/10/2022, 09:51 PM
Previous filing
Apr 29, 2022
Next filing
Sep 2, 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 Award $41.1K +158 +2.45% $260.78 6.59K Jun 8, 2022 Common Stock, $.01 Par Value 158 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 29.6261 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferred Compensation Plan for Directors of Cigna Corporation.