X0306 4 2020-02-13 0 0000731766 UNITEDHEALTH GROUP INC UNH 0001781821 McMahon Dirk C C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST MINNETONKA MN 55343 0 1 0 0 Chief Executive Officer, UHC Common Stock 2020-02-13 4 F 0 677 302.20 D 44909.445 D Common Stock 2020-02-13 4 A 0 21756 0.00 A 66665.445 D Common Stock 2020-02-13 4 F 0 9921 302.20 D 56744.445 D Common Stock 2020-02-13 4 A 0 7446 0.00 A 64190.445 D Non-Qualified Stock Options (right to buy) 302.20 2020-02-13 4 A 0 42744 0.00 A 2030-02-13 Common Stock 42744 42744 D Represents the settlement of Performance Share Awards for the performance period 2017-2019. Represents the withholding of shares to satisfy tax obligations upon the settlement of Performance Share Awards for the performance period 2017-2019. The restricted stock units will vest at a rate of 25% annually on February 13 from the years 2021 through 2024. Amount does not include Performance Share Awards granted to the executive officer on 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 period 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 number of Performance Awards is 14,891. The stock options vest at a rate of 25% annually on February 13 from the years 2021 through 2024. Faraz A. Choudhry, Attorney-in-Fact for Dirk C. McMahon 2020-02-18