SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HANWAY H EDWARD

(Last) (First) (Middle)
1601 CHESTNUT STREET
TWO LIBERTY PLACE

(Street)
PHILADELPHIA PA 19192

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIGNA CORP [ CI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/24/2008
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.25 Par Value 01/24/2008 F 36,746(1) D $54.11 2,045,302(2) D
Common Stock, $.25 Par Value 1,427.8102(3) I By 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $25.1467(4) 02/23/2002 02/23/2010 Common Stock, $.25 Par Value 197,484 197,484 D
Employee Stock Option (Right to Buy) $29.8067(5) 02/24/2006 02/24/2015 Common Stock, $.25 Par Value 409,290 409,290 D
Employee Stock Option (Right to Buy) $29.9(6) 05/27/2002 02/24/2009 Common Stock, $.25 Par Value 75,000 75,000 D
Employee Stock Option (Right to Buy) $30.0567(7) 02/20/2002 02/24/2009 Common Stock, $.25 Par Value 17,628 17,628 D
Employee Stock Option (Right to Buy) $30.0567(8) 02/20/2002 02/23/2010 Common Stock, $.25 Par Value 57,372 57,372 D
Employee Stock Option (Right to Buy) $31.4133(9) (10) 02/27/2012 Common Stock, $.25 Par Value 750,000 750,000 D
Employee Stock Option (Right to Buy) $32.3767(11) 09/06/2002 02/23/2010 Common Stock, $.25 Par Value 99,042 99,042 D
Employee Stock Option (Right to Buy) $32.5633(12) 03/01/2001 02/24/2009 Common Stock, $.25 Par Value 249 249 D
Employee Stock Option (Right to Buy) $36.7917(13) 08/28/2001 02/28/2011 Common Stock, $.25 Par Value 420,000 420,000 D
Employee Stock Option (Right to Buy) $37.17(14) 09/08/2001 02/23/2010 Common Stock, $.25 Par Value 63,546 63,546 D
Employee Stock Option (Right to Buy) $40.5667(15) 02/22/2007 02/22/2016 Common Stock, $.25 Par Value 192,000 192,000 D
Employee Stock Option (Right to Buy) $46.8833(16) 02/28/2008 02/28/2017 Common Stock, $.25 Par Value 223,125 223,125 D
Explanation of Responses:
1. This transaction reflects the required withholding of shares to pay taxes in connection with an in-service distribution of deferred shares of CIGNA common stock.
2. Includes 1,388,032 shares acquired pursuant to the three-for-one stock split on June 4, 2007.
3. Includes shares acquired through ongoing participation in CIGNA's 401 (K) Plan, including 934.9062 shares acquired pursuant to the three-for-one stock split on June 4, 2007.
4. This option was previously reported as covering 65,828 shares at an exercise price of $75.438 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
5. This option was previously reported as covering 136,430 shares at an exercise price of $89.42 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
6. This option was previously reported as covering 25,000 shares at an exercise price of $89.70 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
7. This option was previously reported as covering 5,876 shares at an exercise price of $90.17 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
8. This option was previously reported as covering 19,124 shares at an exercise price of $90.17 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
9. This option was previously reported as covering 250,000 shares at an exercise price of $94.24 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
10. This option vested in three equal annual installments beginning 2/27/2003.
11. This option was previously reported as covering 33,014 shares at an exercise price of $97.13 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
12. This option was previously reported as covering 83 shares at an exercise price of $97.688 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
13. This option was previously reported as covering 140,000 shares at an exercise price of $110.375 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
14. This option was previously reported as covering 21,182 shares at an exercise price of $111.51 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
15. This option was previously reported as covering 64,000 shares at an exercise price of $121.70 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
16. This option was previously reported as covering 74,375 shares at an exercise price of $140.65 per share, but was adjusted to reflect the three-for-one stock split that occurred on June 4, 2007.
Remarks:
poahanway.TXT
By: Lindsay K. Blackwood, attorney-in-fact 01/28/2008
** 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 4 (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).
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