-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, GF8lY1jXW7yOVAUntOTFnqyJJfpSL/l++5CCDUZArvz13l3pvGhCBZpzJD++GqtG pjRk88ahlieeLF/CQavyMw== 0000893220-95-000229.txt : 19950414 0000893220-95-000229.hdr.sgml : 19950414 ACCESSION NUMBER: 0000893220-95-000229 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950412 SROS: NYSE SROS: PHLX SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CIGNA CORP CENTRAL INDEX KEY: 0000701221 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 061059331 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08323 FILM NUMBER: 95528410 BUSINESS ADDRESS: STREET 1: ONE LIBERTY PL 1650 MARKET ST STREET 2: P O BOX 7716 CITY: PHILADELPHIA STATE: PA ZIP: 19192-1550 BUSINESS PHONE: 2157611000 DEFA14A 1 DEFINITIVE ADDITIONAL PROXY MATERIAL, CIGNA CORP. 1 SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) Filed by the Registrant /X/ Filed by a Party other than the Registrant / / Check the appropriate box: / / Preliminary Proxy Statement / / Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2) / / Definitive Proxy Statement /X/ Definitive Additional Materials / / Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 CIGNA CORPORATION - -------------------------------------------------------------------------------- (Name of Registrant as Specified In Its Charter) - -------------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check the appropriate box): / / $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(i)(2) or Item 22(a)(2) of Schedule 14A. / / $500 per each party to the controversy pursuant to Exchange Act Rule 14a-6(i)(3). / / Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of each class of securities to which transaction applies: - -------------------------------------------------------------------------------- (2) Aggregate number of securities to which transaction applies: - -------------------------------------------------------------------------------- (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): - -------------------------------------------------------------------------------- (4) Proposed maximum aggregate value of transaction: - -------------------------------------------------------------------------------- (5) Total fee paid: - -------------------------------------------------------------------------------- / / Fee paid previously with preliminary materials. / / Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount previously paid: - -------------------------------------------------------------------------------- (2) Form, Schedule or Registration Statement No.: - -------------------------------------------------------------------------------- (3) Filing party: - -------------------------------------------------------------------------------- (4) Date filed: - -------------------------------------------------------------------------------- 2 Wilson H. Taylor [LOGO] Chairman and Chief Executive Officer CIGNA Corporation OLP 55 1650 Market Street Philadelphia, PA 19192-1550 Telephone 215.761.6001 Facsimile 215.761.5517 April 12, 1995 Dear Shareholder: You recently received the CIGNA annual report and proxy statement. I wanted to offer several additional comments in regard to the new long-term incentive plan for which your approval is sought. The basic objective of the new plan (which will supplement and eventually replace CIGNA's existing stock compensation plan) is to further strengthen the link between operational and share performance. Through the plan, well over 2000 executives, middle managers and professionals will be eligible to receive stock awards. Particularly for senior executives, CIGNA has placed an increasing emphasis in recent years on stock options as a preferred form of stock-based compensation, and we expect options will continue to be an important component of our overall compensation program. This new plan will enable the Board of Directors to continue providing competitive compensation designed to encourage growth in total shareholder return by linking employee compensation to stock performance. In addition, the plan permits CIGNA to maintain its tax deduction for certain types of incentive compensation. I would note that in the 12-month period ended March 31, total shareholder return was 32% - a return greater than that of the S&P 500 Index. The new plan is designed to contribute to further growth in total shareholder value. I encourage you to vote to approve the long-term incentive plan. Should you have questions, please give me or Don Levinson, the head of human resources (215.761.6190), a call. /s/ Wilson H. Taylor -----END PRIVACY-ENHANCED MESSAGE-----