Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SOISTMAN FRANCIS S JR
   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. VP, Government Services
(Last)
(First)
(Middle)
AETNA INC., 151 FARMINGTON AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
03/03/2017
(Street)

HARTFORD, CT 06156		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 03/06/2017   M   54,833 A $ 72.6 71,680 D  
Common Stock 03/06/2017   F   41,619 (1) D $ 131.3 30,061 D  
Common Stock               117.236 I 401(k) Plan (2)

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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units $ 0 (3) 03/03/2017   M     7,474   (4)   (4) Common Stock 7,474 $ 0 0 D  
Deferred Stock Unit Account $ 0 (5) 03/03/2017   M   14,265.24     (4)   (4) Common Stock 14,265.24 $ 0 14,265.24 D  
Stock Appreciation Rights $ 72.26 03/06/2017   M     54,833 03/03/2015 03/02/2024 Common Stock 54,833 $ 72.26 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SOISTMAN FRANCIS S JR
AETNA INC.
151 FARMINGTON AVENUE
HARTFORD, CT 06156		       Exec. VP, Government Services  

Signatures

 Francis S. Soistman, Jr., by Judith H. Jones, Attorney-in-Fact   03/07/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Stock Appreciation Right is net settled; amount represents withholding of shares by the Company to pay exercise price and taxes.
(2) Represents the pro rata portion of the stock portion of Aetna Common Stock Fund held by reporting person on February 28, 2017 pursuant to Aetna Inc. 401(k) Plan. The information is based on information provided by the Plan Trustee as of that date.
(3) Each Performance Stock Unit represents a right to recieve up to two shares of Aetna Inc. Common Stock.
(4) Performance Stock Units granted under the Plan.
(5) Represents vesting of previously reported Performance Stock Units granted under the 2010 Stock Incentive Plan (the "Plan"). Upon vesting the Reporting Person elected to defer units to a stock unit account.

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