UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Rothrock, Kirk E.
500 West Main Street
Louisville, KY 40202
2. Issuer Name and Ticker or Trading Symbol
Humana Inc.
HUM
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
January 31, 1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Senior Vice President of Specialty Products & Services & International
Businesses
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common (1) | | | | | | |17,500 |D | |
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Common (1) | | | | | | |9,609.3 |I |HRSP (2) |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Phantom Stock Unit (5)|1-for-1 | | | | | |(5) |(5) |Common (1) |719.01 | |719.01 |D | |
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Option (3) |15.5938 | | | | | |9/17/|11/16|Common (1) |12,933 | |12,933 |D | |
| | | | | | |99 |/05 | | | | | | |
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Option (3) |15.5938 | | | | | |11/16|11/16|Common (1) |6,466 | |6,466 |D | |
| | | | | | |/99 |/05 | | | | | | |
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Option (3) |15.5938 | | | | | |11/16|11/16|Common (1) |6,466 | |6,466 |D | |
| | | | | | |/00 |/05 | | | | | | |
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Option (4) |15.5938 | | | | | |9/17/|8/12/|Common (1) |65,925 | |65,925 |D | |
| | | | | | |99 |06 | | | | | | |
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Option (4) |15.5938 | | | | | |9/17/|1/9/0|Common (1) |48,907 | |48,907 |D | |
| | | | | | |99 |7 | | | | | | |
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Option (4) |15.5938 | | | | | |1/9/0|1/9/0|Common (1) |24,453 | |24,453 |D | |
| | | | | | |0 |7 | | | | | | |
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Option-ISO (4) |15.5938 | | | | | |9/17/|1/15/|Common (1) |4,316 | |4,316 |D | |
| | | | | | |99 |08 | | | | | | |
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Option-ISO (4) |15.5938 | | | | | |1/15/|1/15/|Common (1) |4,316 | |4,316 |D | |
| | | | | | |00 |08 | | | | | | |
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Option-ISO (4) |15.5938 | | | | | |1/15/|1/15/|Common (1) |4,316 | |4,316 |D | |
| | | | | | |01 |08 | | | | | | |
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Option-NQ (4) |15.5938 | | | | | |9/17/|1/15/|Common (1) |4,384 | |4,384 |D | |
| | | | | | |99 |08 | | | | | | |
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Option-NQ (4) |15.5938 | | | | | |1/15/|1/15/|Common (1) |4,384 | |4,384 |D | |
| | | | | | |00 |08 | | | | | | |
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Option-NQ (4) |15.5938 | | | | | |1/15/|1/15/|Common (1) |4,384 | |4,384 |D | |
| | | | | | |01 |08 | | | | | | |
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Option (4) |19.25 |1/15/|A |V|10,000 |A |1/15/|1/15/|Common (1) |10,000 | |10,000 |D | |
| |99 | | | | |00 |09 | | | | | | |
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Option (4) |19.25 |1/15/|A |V|10,000 |A |1/15/|1/15/|Common (1) |10,000 | |10,000 |D | |
| |99 | | | | |01 |09 | | | | | | |
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Option (4) |19.25 |1/15/|A |V|10,000 |A |1/15/|1/15/|Common (1) |10,000 | |10,000 |D | |
| |99 | | | | |02 |09 | | | | | | |
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Explanation of Responses:
(1) Each share of Common Stock contains a Right adopted on March 5, 1987, as
amended and restated on February
14, 1996 and May 27, 1998, pursuant to the Company Rights Agreement, which
entitles holders of the Company's
Common Stock, in the event certain specified events occur, to acquire 1/100th
of a share of Series A Participating
Preferred Stock at a price of $145 per fractional
share.
(2) Shares held for my benefit as of December 31, 1998 under the Humana
Retirement & Savings Plan ("HRSP")
exempt under Rule
16b-3(c).
(3) Right to buy pursuant to the Company's 1989 Stock Option Plan for
Employees.
(4) Right to Buy pursuant to the Company's 1996 Stock Incentive
Plan.
(5) Phantom stock units held for my benefit as of December 31, 1998, under the
Humana Excess Plans exempt
under Rule
16b-3(d).
