ERIC C. WISEMAN - 30 Nov 2022 Form 4 Insider Report for Cigna Corp (CI)

Role
Director
Signature
By: Neil B. Tanner, attorney-in-fact
Issuer symbol
CI
Transactions as of
30 Nov 2022
Net transactions value
+$39,500
Form type
4
Filing time
02 Dec 2022, 16:05:23 UTC
Previous filing
02 Sep 2022
Next filing
02 Mar 2023

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 Phantom Stock Units Award $39,500 +120 +1.8% $328.89 6,906 30 Nov 2022 Common Stock, $.01 Par Value 120 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation ("Deferral Plan"), directors may elect to defer the payment of the cash and/or common stock portion of their retainers beyond the designated payment date. The phantom stock units described in Table II represent the voluntary deferral of a portion of the reporting person's cash retainer into the hypothetical Cigna stock fund under the Deferral Plan. Each phantom stock unit is the economic equivalent of one share of Cigna common stock and will be settled in cash.
F2 Includes 26.7589 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferred Compensation Plan for Directors of Cigna Corporation.