Eric P. Palmer - Jul 7, 2022 Form 4 Insider Report for Cigna Corp (CI)

Role
President & CEO, Evernorth
Signature
Geneva C. Brown, attorney-in-fact
Stock symbol
CI
Transactions as of
Jul 7, 2022
Transactions value $
-$1,017,492
Form type
4
Date filed
7/11/2022, 07:16 PM
Previous filing
Apr 8, 2022
Next filing
Oct 18, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Options Exercise $672K +5.56K +13.57% $120.90 46.5K Jul 7, 2022 Direct F1
transaction CI Common Stock, $.01 Par Value Sale -$1.79M -6.52K -14.02% $275.00 40K Jul 7, 2022 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $104K +860 +2.15% $120.90 40.8K Jul 8, 2022 Direct F1
holding CI Common Stock, $.01 Par Value 239 Jul 7, 2022 By 401(k) F2
holding CI Common Stock, $.01 Par Value 40.1 Jul 7, 2022 By Spouse's 401(k)
holding CI Common Stock, $.01 Par Value 735 Jul 7, 2022 By Trust

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
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -5.56K -86.6% $0.00 860 Jul 7, 2022 Common Stock, $.01 Par Value 5.56K $120.90 Direct F1, F3
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -860 -100% $0.00* 0 Jul 8, 2022 Common Stock, $.01 Par Value 860 $120.90 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2022.
F2 Represents shares acquired through ongoing participation in Cigna's 401(k) Plan.
F3 This option was granted on February 25, 2015. The option vested in three equal annual installments on the first, second and third anniversaries of the grant date.

Remarks:

Exhibit List: EX-24 Power of Attorney poapalmer.txt