LARSON PETER N 4
4 · CIGNA CORP · Filed Dec 2, 2009
Insider Transaction Report
Form 4
LARSON PETER N
Director
Transactions
- Award
Phantom Stock Units
2009-11-30$32.08/sh+1,168$37,469→ 54,527 totalExercise: $0.00→ Common Stock, $.25 Par Value (1,168 underlying) - Disposition to Issuer
Common Stock, $.25 Par Value
2009-11-30$32.08/sh−895$28,712→ 0 total - Exercise/Conversion
Phantom Stock Units
2009-11-30−895→ 53,632 totalExercise: $0.00→ Common Stock, $.25 Par Value (895 underlying) - Exercise/Conversion
Common Stock, $.25 Par Value
2009-11-30+895→ 895 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 1,168 phantom stock units represent the mandatory deferral of retainer fees under the Non-Employee Director Compensation Program; the settlement date is November 30, 2012.
- [F4]11/30/2009