LARSON PETER N 4
4 · CIGNA CORP · Filed Sep 2, 2009
Insider Transaction Report
Form 4
LARSON PETER N
Director
Transactions
- Exercise/Conversion
Common Stock, $.25 Par Value
2009-08-31+998→ 998 total - Exercise/Conversion
Phantom Stock Units
2009-08-31−998→ 53,359 totalExercise: $0.00→ Common Stock, $.25 Par Value (998 underlying) - Award
Phantom Stock Units
2009-08-31$29.43/sh+1,274$37,494→ 54,357 totalExercise: $0.00→ Common Stock, $.25 Par Value (1,274 underlying) - Disposition to Issuer
Common Stock, $.25 Par Value
2009-08-31$29.43/sh−998$29,371→ 0 total
Footnotes (4)
- [F1]Under the terms of the Company's director compensation arrangements, director stock unit awards are settled in cash. For purposes of Section 16, this is reported as the simultaneous receipt and disposition of stock, even though the director did not have the ability to receive CIGNA's common stock under the program.
- [F2]Each phantom stock unit is the economic equivalent of one share of CIGNA common stock and is to be settled in cash.
- [F3]These 1,274 phantom stock units represent the mandatory deferral of retainer fees under the Non-Employee Director Compensation Program; the settlement date is August 31, 2012.
- [F4]08/31/2009