Sec Form 4 Filing - MCCALLISTER MICHAEL B @ HUMANA INC - 2013-08-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MCCALLISTER MICHAEL B
2. Issuer Name and Ticker or Trading Symbol
HUMANA INC [ HUM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
HUMANA INC., 500 WEST MAIN STREET
3. Date of Earliest Transaction (MM/DD/YY)
08/15/2013
(Street)
LOUISVILLE, KY40202
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Humana Common 08/15/2013 M 79,793 A $ 69.475 191,652 D
Humana Common 08/15/2013 M 59,024 A $ 61.18 250,676 D
Humana Common 08/15/2013 S 138,817 D $ 91.4856 ( 14 ) 111,859 D
Humana Common 12,325 I See Footnote ( 1 )
Humana Common 8,560 I See Footnote ( 2 )
Humana Common 56,650 I See Footnote ( 3 )
Humana Common 12,366 I See Footnote (2008 GRAT) ( 4 )
Humana Common 10,837 I See Footnote (2010 GRAT) ( 4 )
Humana Common 30,400 I See Footnote (2012 GRAT) ( 4 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options ( 5 ) $ 69.475 08/15/2013 M 79,793 ( 6 ) 02/21/2015 Humana Common 79,793 $ 0 79,792 D
Options ( 5 ) $ 61.18 08/15/2013 M 59,024 ( 7 ) 02/17/2018 Humana Common 59,024 $ 0 29,513 D
Options ( 5 ) $ 88.6475 ( 8 ) 02/23/2019 Humana Common 101,557 101,557 D
Restricted Stock Units ( 9 ) ( 10 ) ( 11 ) ( 11 ) Humana Common 20,023 20,023 D
Restricted Stock Units ( 9 ) ( 10 ) ( 12 ) ( 12 ) Humana Common 19,741 19,741 D
Restricted Stock Units ( 13 ) ( 13 ) ( 13 ) Humana Common 2,026 2,026 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MCCALLISTER MICHAEL B
HUMANA INC.
500 WEST MAIN STREET
LOUISVILLE, KY40202
X
Signatures
Michael B. McCallister 08/16/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares held in a trust for the benefit of reporting person's spouse.
( 2 )Shares held in a trust for the benefit of reporting person's children.
( 3 )Shares held in gift trust with reporting person's spouse as trustee.
( 4 )Shares held in a GRAT with reporting person's spouse as trustee.
( 5 )Right to buy pursuant to Company's 2003 Stock Incentive Plan.
( 6 )Incentive and Non-Qualified stock options granted to reporting person on 2/21/08, NQ options vesting in three increments from 2/21/09 to 2/21/11, and ISO's vesting on 2/21/11.
( 7 )Reporting person was granted the maximum number of Incentive stock options allowed and remaining options were granted as Non-Qualified stock options. The option grant vests in three increments from 2/17/12 to 2/17/14.
( 8 )Reporting person was granted the maximum number of Incentive stock options allowed and remaining options were granted as Non-Qualified stock options. The option grant vests in three increments from 2/23/13 to 2/23/15.
( 9 )Right to receive one share per restricted stock unit pursuant to the Company's 2003 Stock Incentive Plan.
( 10 )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).
( 11 )Restricted stock units granted to reporting person on 2/17/11, 100% of the award is vesting on 2/17/14.
( 12 )Restricted stock units granted to reporting person on 2/23/12, 100% of the award is vesting on 2/23/15.
( 13 )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) under the Company's 2011 Plan. 100% of the award is vesting on 12/31/2013.
( 14 )Sold at prices ranging from $91.29 to $91.76.

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