UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Jones, David A.
500 W. Main St.
Louisville, KY 40202
2. Issuer Name and Ticker or Trading Symbol
Humana Inc.
HUM
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
February 28, 2001
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common(1) | | | | | | |610,140 |I |FLP(2) |
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Common(1) | | | | | | |152,808 |I |FLP-96(3) |
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Common (1) | | | | | | |31,385 |I |Wife |
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Common (1) | | | | | | |1,000,000 |I |JIL(6) |
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Common (1) |2/14/0|G |V|500 |D | |7,363,665 |D | |
|1 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Option(4) |21.25 | | | | | |1/2/9|1/2/0|Common(1) |5,000 | |5,000 |D | |
| | | | | | |9 |8 | | | | | | |
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Option(4) |18.7813 | | | | | |1/4/0|1/4/0|Common(1) |5,000 | |5,000 |D | |
| | | | | | |0 |9 | | | | | | |
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Option(4) |7.875 | | | | | |1/3/0|1/3/1|Common(1) |5,000 | |5,000 |D | |
| | | | | | |1 |0 | | | | | | |
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Option(4) |14.7813 | | | | | |1/2/0|1/2/1|Common (1) |3,887 | |3,887 |D | |
| | | | | | |2 |1 | | | | | | |
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Option(5) |14.7813 | | | | | |1/2/0|1/2/1|Common (1) |1,113 | |1,113 |D | |
| | | | | | |2 |1 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Each share of Common Stock contains a Right adopted on March 5, 1987,
pursuant to the Company Rights
Agreement, as amended and restated on February 14, 1996, and amended as of May
27, 1998 and March 1, 1999,
which entitles holders of the Company's Common Stock, in the event certain
specified events occur, to acquire
1/100 of a share of Series A Participating Preferred Stock at a price of $145
per fractional share.
(2) Shares held by Family Limited Partnership ("FLP") of which my wife and I
are General Partners and Trusts
established by each of us are Limited Partners, together with a Family
Charitable Foundation. I disclaim beneficial
ownership of Company stock held by the FLP except to the extent of my pecuniary
interest.
(3) Shares held by 96 A/J Family Limited Partnership ("FLP-96") of which my
wife and I are General Partners, and
together with a Family Charitable Foundation are Limited Partners. I disclaim
beneficial ownership of Company stock
held by the FLP-96 except to the extent of my pecuniary
interest.
(4) Right to buy pursuant to Company's 1989 Stock Option Plan for Non-Employee
Directors.
(5) Right to buy pursuant to Company's 1996 Incentive Stock Option
Plan.
(6) Shares held by Jones Investments, Ltd. ("JIL"), a partnership of which
DBJ, LLC is the General Partner. My wife
and I are the members of DBJ, LLC. I disclaim beneficial ownership of Company
stock held by JIL except to the
extent of my pecuniary
interest.