Everett Neville - Jul 19, 2023 Form 4 Insider Report for Cigna Group (CI)

Role
EVP, Solutions & Corp Devt.
Signature
Kevin Ciaglo, attorney-in-fact
Stock symbol
CI
Transactions as of
Jul 19, 2023
Transactions value $
-$859,300
Form type
4
Date filed
7/21/2023, 05:03 PM
Previous filing
Jul 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Options Exercise $1.55M +7.24K +146.57% $213.80 12.2K Jul 19, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $772K +3.4K +27.95% $227.02 15.6K Jul 19, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $484K +2.52K +16.17% $192.02 18.1K Jul 19, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Sale -$3.88M -13.2K -72.71% $295.21 4.94K Jul 19, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $122K +570 +11.55% $213.80 5.51K Jul 20, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $50.1K +261 +4.74% $192.02 5.77K Jul 20, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $49.7K +219 +3.8% $227.02 5.99K Jul 20, 2023 Direct 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 CI Employee Stock Option (Right to Buy) Options Exercise $0 -2.52K -90.61% $0.00 261 Jul 19, 2023 Common Stock, $.01 Par Value 2.52K $192.02 Direct F1, F2
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -7.24K -61.79% $0.00 4.47K Jul 19, 2023 Common Stock, $.01 Par Value 7.24K $213.80 Direct F1, F3
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -3.4K -31.31% $0.00 7.46K Jul 19, 2023 Common Stock, $.01 Par Value 3.4K $227.02 Direct F1, F4
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -261 -100% $0.00* 0 Jul 20, 2023 Common Stock, $.01 Par Value 261 $192.02 Direct F1, F2
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -570 -12.74% $0.00 3.9K Jul 20, 2023 Common Stock, $.01 Par Value 570 $213.80 Direct F1, F3
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -219 -2.93% $0.00 7.24K Jul 20, 2023 Common Stock, $.01 Par Value 219 $227.02 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2022 and amended on February 7, 2023.
F2 This option was granted on February 26, 2020. The option vested in three equal annual installments on the first, second and third anniversaries of the grant date.
F3 This option was granted on February 24, 2021 and vests in three equal annual installments. The first two installments became exercisable on March 1, 2022 and March 1, 2023, and the last installment becomes exercisable on March 1, 2024.
F4 This option was granted on February 23, 2022, and vests in three equal annual installments. The first installment became exercisable on March 1, 2023, and the next two installments become exercisable on March 1, 2024 and March 1, 2025.