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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
CIGNA CORP [ CI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/14/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 11/14/2007 | M | 72,734 | A | $29.8067 | 359,513 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 100 | D | $50.15 | 359,413 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 200 | D | $50.2 | 359,213 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 300 | D | $50.27 | 358,913 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 500 | D | $50.19 | 358,413 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 500 | D | $50.36 | 357,913 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 800 | D | $50.26 | 357,113 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 1,000 | D | $50.24 | 356,113 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 1,300 | D | $50.21 | 354,813 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 1,400 | D | $50.22 | 353,413 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 1,600 | D | $50.23 | 351,813 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 1,900 | D | $50.38 | 349,913 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 2,000 | D | $50.33 | 347,913 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 2,400 | D | $50.28 | 345,513 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 2,400 | D | $50.25 | 343,113 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 2,600 | D | $50.35 | 340,513 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 3,100 | D | $50.31 | 337,413 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 3,100 | D | $50.32 | 334,313 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 3,200 | D | $50.34 | 331,113 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 3,600 | D | $50.3 | 327,513 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 3,800 | D | $50.37 | 323,713 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 4,200 | D | $50.18 | 319,513 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 7,522 | D | $50 | 311,991 | D | |||
Common Stock, $.25 Par Value | 11/14/2007 | S | 7,532 | D | $50.29 | 304,459 | D | |||
Common Stock, $.25 Par Value | 9,799.7852(1) | I | By 401(k) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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) | $29.8067(2) | 11/14/2007 | M | 72,734 | 02/24/2006(3) | 02/24/2015 | Common Stock, $.25 Par Value | 72,734 | $0 | 36,361(2) | D | ||||
Employee Stock Option (Right to Buy) | $34.77(4) | 11/28/2002 | 02/23/2010 | Common Stock, $.25 Par Value | 2,736 | 2,736(4) | D | ||||||||
Employee Stock Option (Right to Buy) | $36.7917(5) | 08/28/2001 | 02/23/2010 | Common Stock, $.25 Par Value | 1,314 | 1,314(5) | D | ||||||||
Employee Stock Option (Right to Buy) | $36.7917(6) | 08/28/2001 | 02/28/2011 | Common Stock, $.25 Par Value | 78,000 | 78,000(6) | D | ||||||||
Employee Stock Option (Right to Buy) | $40.5667(7) | 02/22/2007 | 02/22/2016 | Common Stock, $.25 Par Value | 79,560 | 79,560(7) | D | ||||||||
Employee Stock Option (Right to Buy) | $46.8833(8) | 02/28/2008 | 02/28/2017 | Common Stock, $.25 Par Value | 77,283 | 77,283(8) | D |
Explanation of Responses: |
1. Includes shares acquired through ongoing participation in CIGNA's 401 (K) Plan. |
2. This option was previously reported as covering 36,365 shares at an exercise price of $89.42 per share, but was adjusted to reflect the stock split that occurred on June 4, 2007. |
3. This option vests in three equal annual installments beginning 2/24/2006. |
4. This option was previously reported as covering 912 shares at an exercise price of $104.31 per share, but was adjusted to reflect the stock split that occurred on June 4, 2007. |
5. This option was previously reported as covering 438 shares at an exercise price of $110.375 per share, but was adjusted to reflect the stock split that occurred on June 4, 2007. |
6. This option was previously reported as covering 26,000 shares at an exercise price of $110.375 per share, but was adjusted to reflect the stock split that occurred on June 4, 2007. |
7. This option was previously reported as covering 26,520 shares at an exercise price of $121.70 per share, but was adjusted to reflect the stock split that occurred on June 4, 2007. |
8. This option was previously reported as covering 25,761 shares at an exercise price of $140.65 per share, but was adjusted to reflect the stock split that occurred on June 4, 2007. |
Remarks: |
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2007 (the "Plan"). As previously announced by the Company, the Plan was adopted to allow the reporting person to diversify his personal portfolio. The sale of shares is in connection with a cashless exercise of options for stock and represents the number of shares needed to pay the exercise price and applicable withholding taxes. As a result of this transaction, Michael Bell's holdings in CIGNA common stock increased. |
By: Nicole S. Jones, attorney-in-fact | 11/16/2007 | |
** 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. |