SEC FORM 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Madabhushi Venkata R

(Last)

(First)

(Middle)

HUMANA INC.

500 WEST MAIN STREET

(Street)

LOUISVILLE

40202

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HUMANA INC [ HUM ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP & Chief Innov & Mrkting Of

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2010

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Humana Common	06/02/2010		M		33,333	A	$29.53	53,333	D
Humana Common	06/02/2010		S		3,900	D	$47	49,433	D
Humana Common	06/02/2010		S		4,500	D	$47.0022	44,933	D
Humana Common	06/02/2010		S		3,200	D	$47.0023	41,733	D
Humana Common	06/02/2010		S		1,700	D	$47.0028	40,033	D
Humana Common	06/02/2010		S		300	D	$47.005	39,733	D
Humana Common	06/02/2010		S		3,070	D	$47.01	36,663	D
Humana Common	06/02/2010		S		3,090	D	$47.0132	33,573	D
Humana Common	06/02/2010		S		200	D	$47.015	33,373	D
Humana Common	06/02/2010		S		200	D	$47.0175	33,173	D
Humana Common	06/02/2010		S		600	D	$47.0183	32,573	D
Humana Common	06/02/2010		S		5,039	D	$47.0191	27,534	D
Humana Common	06/02/2010		S		700	D	$47.02	26,834	D
Humana Common	06/02/2010		S		500	D	$47.025	26,334	D
Humana Common	06/02/2010		S		2,200	D	$47.0259	24,134	D
Humana Common	06/02/2010		S		1,600	D	$47.0266	22,534	D
Humana Common	06/02/2010		S		1,534	D	$47.0298	21,000	D
Humana Common	06/02/2010		S		600	D	$47.03	20,400	D
Humana Common	06/02/2010		S		200	D	$47.0325	20,200	D
Humana Common	06/02/2010		S		200	D	$47.04	20,000	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options⁽¹⁾	$29.53	06/02/2010		M			33,333	⁽²⁾	04/28/2016	Humana Common	33,333	$29.53	66,667	D
Options⁽¹⁾	$46.4							⁽³⁾	02/18/2017	Humana Common	46,739		46,739	D

Explanation of Responses:

1. Right to buy pursuant to the Company's 2003 Stock Incentive Plan.

2. Reporting person was granted the maximum number of Incentive stock options allowed and remaining options were granted as Non-Qualified stock options. The option grant vests in three increments from 4/28/10 to 4/28/12.

3. Reporting person was granted the maximum number of Incentive stock options allowed and remaining options were granted as Non-Qualified stock options. The option grant vests in three increments from 2/18/11 to 2/18/13.

Remarks:

	Venkata R. Madabhushi	06/03/2010
	** 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).
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.