SEC Info - Wheatley Timothy Alan - ‘4’ for 3/26/20 re: Humana Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Wheatley Timothy Alan

(Last)

(First)

(Middle)

HUMANA INC.

500 WEST MAIN STREET

(Street)

LOUISVILLE

40202

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HUMANA INC [ HUM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Segment President, Retail

3. Date of Earliest Transaction (Month/Day/Year)
3/26/20

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Humana Common								7,889	D
Humana Common								879	I	See Footnote ⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options ⁽²⁾	$217.415							⁽²⁾	3/8/24	Humana Common	11,832		11,832	D
Options ⁽³⁾	$268.47							⁽³⁾	2/19/25	Humana Common	4,416		4,416	D
Options ⁽⁵⁾	$271.14							⁽⁵⁾	3/1/25	Humana Common	928		928	D
Options ⁽⁴⁾	$307.965							⁽⁴⁾	2/25/26	Humana Common	7,902		7,902	D
Options ⁽⁶⁾	$350.7875							⁽⁶⁾	2/24/27	Humana Common	8,595		8,595	D
Restricted Stock Units ⁽⁷⁾	⁽⁷⁾							⁽⁹⁾	⁽⁹⁾	Humana Common	513		513	D
Restricted Stock Units ⁽⁷⁾	⁽⁷⁾							⁽¹⁰⁾	⁽¹⁰⁾	Humana Common	108		108	D
Restricted Stock Units ⁽⁷⁾	⁽⁷⁾							⁽¹¹⁾	⁽¹¹⁾	Humana Common	1,191		1,191	D
Restricted Stock Units ⁽⁸⁾	⁽⁸⁾							⁽¹²⁾	⁽¹²⁾	Humana Common	1,710		1,710	D
Phantom Stock Units ⁽¹³⁾	⁽¹³⁾	3/26/20		J		10		⁽¹³⁾	⁽¹³⁾	Humana Common	10	$304.48	138	I	See Footnote ⁽¹³⁾

Explanation of Responses:

(1) Shares held for the benefit of reporting person as of February 28, 2020 under the Humana Retirement Savings Plan including routine payroll deductions, quarterly dividend allocation, and a routine disposition of shares to fund an administrative fee assessment under a Tax-Conditioned Plan, exempt under Rule 16b-3(c).

(2) Right to buy pursuant to Company's 2011 Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 3/8/17. 12,998 options vesting in three annual increments, and 7,499 options fully vest three years from the date of grant.

(3) Right to buy pursuant to Company's 2011 Stock Incentive Plan. Non-Qualified stock options granted to reporting person on 2/19/18, vesting in three increments from 2/19/19 to 2/19/21.

(4) Right to buy pursuant to Company's 2011 Stock Incentive Plan. Non-Qualified stock options granted to reporting person on 2/25/19, vesting in three increments from 2/25/20 to 2/25/22.

(5) Right to buy pursuant to Company's 2011 Stock Incentive Plan. Non-Qualified stock options granted to reporting person on 3/1/18, vesting in three increments from 3/1/19 to 3/1/21.

(6) Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 2/24/20, vesting in three annual increments from 2/24/21 to 2/24/23.

(7) Right to receive one share per restricted stock unit pursuant to the Company's 2011 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1) & (3).

(8) Right to receive one share per restricted stock unit pursuant to the Company's 2019 Amended & Restated Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1) & (3).

(9) Restricted stock units granted to reporting person on 2/19/18, 33% of the award is vesting on 12/15/18, 12/15/19 and 12/15/20.

(10) Restricted stock units granted to reporting person on 3/1/18, 33% of the award is vesting on 12/15/18, 12/15/19 and 12/15/20.

(11) Restricted stock units granted to reporting person on 2/25/19, 33% of the award is vesting on 12/15/19, 12/15/20 and 12/15/21.

(12) Restricted stock units granted to reporting person on 2/24/20, 33% of the award is vesting on 12/15/20, 12/15/21, and 12/15/22.

(13) Phantom Stock Units held for the benefit of reporting person as of March 26, 2020 based on the value of Humana common stock on a 1-for-1 basis, under the Humana Retirement Equalization Plan. The ending number of units reflects normal fluctuation due to changes in stock price.

Remarks:

	Timothy A. Wheatley	3/30/20
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Code:
J	Other acquisition or disposition.

Wheatley Timothy Alan – ‘4’ for 3/26/20 re: Humana Inc.

On: Monday, 3/30/20, at 3:13pm ET · For: 3/26/20 · Accession #: 49071-20-73 · File #: 1-05975

Previous ‘4’: ‘4’ on 3/10/20 for 3/8/20 · Next: ‘4’ on 11/6/20 for 11/4/20 · Latest: ‘4’ on 1/3/23 for 12/31/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Wheatley Timothy Alan – ‘4’ for 3/26/20 re: Humana Inc.

On: Monday, 3/30/20, at 3:13pm ET · For: 3/26/20 · Accession #: 49071-20-73 · File #: 1-05975

Previous ‘4’: ‘4’ on 3/10/20 for 3/8/20 · Next: ‘4’ on 11/6/20 for 11/4/20 · Latest: ‘4’ on 1/3/23 for 12/31/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents