MARIANNE D. SHORT - 08 Jun 2021 Form 3 Insider Report for UNITEDHEALTH GROUP INC (UNH)

Role
EVP & Chief Legal Officer
Signature
Faraz A. Choudhry, Attorney-in-Fact for Marianne D. Short
Issuer symbol
UNH
Transactions as of
08 Jun 2021
Net transactions value
$0
Form type
3
Filing time
17 Jun 2021, 16:44:23 UTC
Next filing
01 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UNH Common Stock 149,871 08 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding UNH Non-Qualified Stock Option (Right to Buy) 08 Jun 2021 Common Stock 31,539 $160.31 Direct F2
holding UNH Non-Qualified Stock Option (Right to Buy) 08 Jun 2021 Common Stock 23,574 $226.64 Direct F3
holding UNH Non-Qualified Stock Option (Right to Buy) 08 Jun 2021 Common Stock 24,049 $262.98 Direct F4
holding UNH Non-Qualified Stock Option (Right to Buy) 08 Jun 2021 Common Stock 42,744 $302.20 Direct F5
holding UNH Non-Qualified Stock Option (Right to Buy) 08 Jun 2021 Common Stock 12,779 $400.25 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount does not include Performance Share Awards granted to the executive officer on February 26, 2019 and June 7, 2021, 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 respective 3-year performance period following each grant 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 numbers of Performance Share Awards are 8,556 and 5,622 for 2019 and 2021, respectively.
F2 The stock options vested at a rate of 25% annually on February 8 from the years 2018 through 2021.
F3 The stock options vest at a rate of 25% annually on February 13 from the years 2019 through 2022.
F4 The stock options vest at a rate of 25% annually on February 26 from the years 2020 through 2023.
F5 The stock options vest at a rate of 25% annually on February 13 from the years 2021 through 2024.
F6 The stock options vest at a rate of 25% annually on June 7 from the years 2022 through 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney