Company: HUM
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000049071-25-000007
Chunk: 101

Company: HUMANA INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 12
Chunk 101
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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Equity compensation plan information

We maintain plans under which options to purchase our common stock and awards of restricted stock may be made to officers, directors, and key associates. Stock options are granted with an exercise price equal to the fair market value of the underlying common stock on the date of grant. Our stock plans, as approved by the Board of Directors and stockholders, define fair market value as the average of the highest and lowest stock prices reported on the composite tape by the New York Stock Exchange on a given date. Exercise provisions vary, but most options vest in whole or in part 1 to 3 years after grant and expire up to 7 years after grant.

120

Information concerning stock option awards and the number of securities remaining available for future issuance under our equity compensation plans in effect as of December 31, 2024 follows:

Plan category(a)Number of  securitiesto be issued uponexercise of outstandingoptions, warrantsand rights(b)Weighted-averageexercise price ofoutstandingoptions, warrantsand rights(c)Number of  securitiesremaining available forfuture issuance underequity compensation plans(excluding securitiesreflected in column(a)) Equity compensation plans approved by     security holders (1)375,066$404.615 $10,778,492 (2)(3)(4) Equity compensation plans not approved     by security holders— — —  Total375,066 $404.615 $10,778,492  

(1)The above table does not include awards of shares of restricted stock or restricted stock units. For information concerning these awards, see Note 14.

(2)The Humana Inc. 2011 Stock Incentive Plan was approved by stockholders at the Annual Meeting held on April 21, 2011. On July 5, 2011, 18.5 million shares were registered with the Securities and Exchange Commission on Form S-8.

(3)The Humana Inc. Amended and Restated Stock Incentive Plan was approved by stockholders at the Annual Meeting held on April 18, 2019. On May 1, 2019, 16 million shares were registered with the Securities and Exchange Commission on Form S-8.

(4)Of the number listed above