Humana 2013 Annual Report Download - page 151

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• our Corporate Governance Guidelines;
• our Policy Regarding Transactions in Company Securities, Inside Information and Confidentiality;
• stock ownership guidelines for directors and for executive officers;
• the Humana Inc. Principles of Business Ethics and any waivers thereto; and
• the Code of Ethics for the Chief Executive Officer and Senior Financial Officers and any waivers
thereto.
Additional information about these items can be found in, and is incorporated by reference to, our Proxy
Statement for the Annual Meeting of Stockholders scheduled to be held on April 29, 2014.
Material Changes to the Procedures by which Security Holders May Recommend Nominees to the
Registrant’s Board of Directors
None.
Audit Committee Financial Expert
The information required by this Item is herein incorporated by reference from our Proxy Statement for the
Annual Meeting of Stockholders scheduled to be held on April 29, 2014 appearing under the caption “Corporate
Governance – Audit Committee” of such Proxy Statement.
Audit Committee Composition and Independence
The information required by this Item is herein incorporated by reference from our Proxy Statement for the
Annual Meeting of Stockholders scheduled to be held on April 29, 2014 appearing under the caption “Corporate
Governance – Committee Membership and Attendance” of such Proxy Statement.
ITEM 11. EXECUTIVE COMPENSATION
Additional information required by this Item is incorporated herein by reference from our Proxy Statement
for the Annual Meeting of Stockholders scheduled to be held on April 29, 2014 appearing under the captions
“Corporate Governance – Organization & Compensation Committee – Compensation Committee Interlocks and
Insider Participation,” “Director Compensation,” “Compensation Discussion and Analysis,” “Organization &
Compensation Committee Report,” and “Executive Compensation” of such Proxy Statement.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
AND RELATED STOCKHOLDER MATTERS
Equity compensation plan information
We maintain plans under which options to purchase our common stock and under which awards of restricted
stock may be made to officers, directors, key employees, and consultants. Stock options are granted with an
exercise price equal to the fair market value of the underlying common stock on the date of grant. Our stock
plans, as approved by the Board of Directors and stockholders, define fair market value as the average of the
highest and lowest stock prices reported on the composite tape by the New York Stock Exchange on a given date.
Exercise provisions vary, but most options vest in whole or in part 1 to 3 years after grant and expire 7 to 10
years after grant.
141