SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 12/01/2020 | 3. Issuer Name and Ticker or Trading Symbol UNITEDHEALTH GROUP INC [ UNH ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. 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 Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 58,629.624(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (Right to Buy) | (2) | 06/05/2028 | Common Stock | 23,548 | 244.43 | D | |
Non-Qualified Stock Option (Right to Buy) | (3) | 02/26/2029 | Common Stock | 38,078 | 262.98 | D | |
Non-Qualified Stock Option (Right to Buy) | (4) | 11/06/2029 | Common Stock | 17,845 | 250.52 | D | |
Non-Qualified Stock Option (Right to Buy) | (5) | 02/13/2030 | Common Stock | 50,817 | 302.2 | D |
Explanation of Responses: |
1. Amount does not include Performance Share Awards granted to the executive officer on June 5, 2018, February 26, 2019, November 6, 2019 and February 13, 2020, as performance awards not tied to stock price are not derivative securities for purposes of Section 16 under guidance from the staff of the SEC. The number of Performance Shares that the executive officer will receive will be determined at the end of the 3-year performance periods and will be dependent upon the achievement of cumulative 3-year EPS and average return-on-equity performance metrics approved by the Compensation and Human Resources Committee. The target numbers of Performance Shares are 17,183, 18,063, 5,988 and 17,704 for the February 2018, February 2019, November 19 and February 2020 grants, respectively. |
2. The original stock option grant of 47,096 shares began vesting annually at a rate of 25% on each anniversary of June 5, 2018, the original grant date. |
3. The original stock option grant of 50,770 shares began vesting annually at a rate of 25% on each anniversary of February 26, 2019, the original grant date. |
4. This stock option grant began vesting annually at a rate of 25% on each anniversary of November 6, 2019, the original grant date. |
5. This stock option grant vests at a rate of 25% annually on each anniversary of February 13 from the years 2021 through 2024. |
Remarks: |
Exhibit List: Exhibit 24 - Power of Attorney |
Faraz A. Choudhry, Attorney-in-Fact for Andrew P. Witty | 12/04/2020 | |
** 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 5 (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. |