SEC FORM 4

SEC Form 4

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^*

Rohan Karen

(Last)

(First)

(Middle)

AETNA INC.

151 FARMINGTON AVENUE

(Street)

HARTFORD

06156

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AETNA INC /PA/ [ AET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec. V.P., Local/Regional Bus

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2014

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/23/2014		M		17,902⁽¹⁾	A	⁽²⁾	32,811	D
Common Stock	07/23/2014		F		8,459	D	$84.54	24,352	D
Common Stock	07/23/2014		M		23,201⁽³⁾	A	⁽⁴⁾	47,553	D
Common Stock	07/23/2014		F		11,288	D	$84.54	36,265	D
Common Stock	07/23/2014		M		13,751⁽⁵⁾	A	⁽⁶⁾	50,016	D
Common Stock	07/23/2014		F		6,691	D	$84.54	43,325	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	07/23/2014		M			17,902	⁽⁷⁾	⁽⁷⁾	Common Stock	17,902	$0	17,902	D
Market Stock Units	⁽⁴⁾	07/23/2014		M			15,467	⁽⁸⁾	⁽⁸⁾	Common Stock	15,467	$0	0	D
Performance Stock Units	⁽⁶⁾	07/23/2014		M			13,696	⁽⁹⁾	⁽⁹⁾	Common Stock	13,696	$0	0	D

Explanation of Responses:

1. Represents vesting of previously reported Restricted Stock Units granted under the 2010 Stock Incentive Plan (the "Plan").

2. Each Restricted Stock Unit represents a right to receive one share of Aetna Inc. Common Stock net of taxes.

3. Represents vesting of previously reported Market Stock Units granted under the Plan.

4. Each Market Stock Unit represents a right to receive up to 1.5 shares of Aetna Inc. Common Stock net of taxes. Vesting amount was deteremined based on the weighted average closing stock price for the thirty trading days prior to the vest date.

5. Represents vesting of previously reported Performance Stock Units granted under the Plan.

6. Each Performance Stock Unit represents a right to receive up to two shares of Aetna Inc. Common Stock net of taxes.

7. Restricted Stock Units granted under the Plan; remaining units will vest in one installment on 07/23/15.

8. Market Stock Units granted under the Plan.

9. Performance Stock Units granted under the Plan.

Remarks:

	KAREN S. ROHAN, by Melinda Westbrook, Attorney-in-Fact	07/25/2014
	** 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).
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