RENFRO LARRY C 4
4 · UNITEDHEALTH GROUP INC · Filed Aug 17, 2017
Insider Transaction Report
Form 4
RENFRO LARRY C
EVP, UHG & CEO, Ovations
Transactions
- Award
Common Stock
2017-08-15+1,286→ 246,198.981 total - Award
Non-Qualified Stock Options (right to buy)
2017-08-15+7,934→ 7,934 totalExercise: $194.50Exp: 2027-08-15→ Common Stock (7,934 underlying)
Footnotes (3)
- [F1]The restricted stock units will vest at a rate of 25% annually on August 15 from the years 2018 through 2021.
- [F2]Amount does not include Performance Share Awards granted to the executive officer on August 15, 2017, as performance awards not tied to stock price are not derivative securities for purposes of Section 16 under guidance from the staff of the SEC. The number of Performance Shares that the executive officer will receive will be determined at the end of the 3-year performance period and will be dependent upon the achievement of cumulative 3-year EPS and average return-on-equity performance metrics approved by the Compensation and Human Resources Committee. The target number of Performance Shares is 2,571.
- [F3]The stock options vest at a rate of 25% annually on August 15 from the years 2018 through 2021.