SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Reisman Lonny

(Last)

(First)

(Middle)

AETNA INC.

151 FARMINGTON AVENUE

(Street)

HARTFORD

06156

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/12/2008

3. Issuer Name and Ticker or Trading Symbol
AETNA INC /PA/ [ AET ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Chief Medical Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	49,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option	⁽¹⁾	05/27/2015	Common Stock	72,000	$39.045	D
Restricted Stock Units	⁽²⁾	06/30/2009	Common Stock	3,006	$0⁽³⁾	D
Restricted Stock Units	⁽⁴⁾	02/09/2010	Common Stock	3,066	$0⁽³⁾	D
Stock Appreciation Right	⁽⁵⁾	06/30/2016	Common Stock	21,314	$39.93	D
Stock Appreciation Right	⁽⁶⁾	02/09/2017	Common Stock	21,480	$42.57	D
Stock Appreciation Right	⁽⁷⁾	02/08/2018	Common Stock	27,614	$50.7	D

Explanation of Responses:

1. 36,000 options currently exercisable. Remaining 36,000 options are exercisable on December 31, 2008.

2. Vests on June 30, 2009.

3. Each Restricted Stock Unit represents a right to receive one share of Aetna Inc. Common Stock net of taxes.

4. Vests in two annual installments beginning February 9, 2009.

5. Exercisable in three equal annual installments beginning June 30, 2007.

6. Exercisable in three annual installments beginning February 9, 2008.

7. Exercisable in three annual installments beginning February 8, 2009.

Remarks:

	Lonny Reisman by Judith H. Jones, Attorney-in-Fact	11/14/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.