Company: HUM
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-048976
Chunk: 63

Company: HUMANA INC
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 63
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 |     |             |     |         |     |               |     |           |     |            |                                 |       |     |             |     |       |     |       |     |                 |       |     |                | 6,692 |     |                  | 367.21 |     |                | 367.60 |     |               | 635,158 |

| (1) | Amounts calculated based upon annualized base salary, rather than actual amounts paid, for 2024. The actual payment of incentive compensation, pursuant to the Company’s Associate Incentive Plan (AIP), is shown in the Non-Equity Incentive Plan Compensation column of the Summary Compensation Table under “Executive Compensation” in this proxy statement. In 2024, the threshold, target and maximum opportunity, as a percentage of base salary and excluding the AIP funding gate, were as follows for each of our Named Executive Officers: Mr. Rechtin 44%, 177% and 354%; Mr. Broussard 50%, 200% and 400%; Ms. Diamond 28%, 113% and 226%; Mr. Dintenfass and Dr. Shetty 25%, 100% and 200%; and Mr. Renaudin 28%, 110% and 221%. For additional information regarding AIP payment opportunity and the actual award received for these Named Executive Officers in 2024, see the section titled, “Compensation Discussion and Analysis — Plan Design and Award Decisions — Short-Term Incentives — 2024 AIP Performance Results” in this proxy statement. |

| (2) | In 2024, our Named Executive Officers were awarded 50% of their equity awards in the form of performance-based restricted stock units. For a description of the performance-based restricted stock units granted in 2024, refer to the section titled, “Compensation Discussion and Analysis — Plan Design and Award Decisions — Long-Term Incentives — Design of Long-Term Incentives Granted in 2024 — 2024 Equity Award Summary” in this proxy statement. The performance-based restricted stock units generally vest three years from the date of grant to the extent that the underlying performance targets have been met and the Named Executive Officer continues to be employed through the applicable vesting date. |

| (3) | In 2024, our Named Executive Officers were awarded 25% of their equity grants in the form of time-based