CNA FINANCIAL CORP 4
4 · CNA FINANCIAL CORP · Filed Feb 14, 2017
Insider Transaction Report
Form 4
Mense D Craig
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2017-02-13$43.14/sh+7,371$317,985→ 70,363 total - Sale
Common Stock
2017-02-13$43.15/sh−7,371$318,059→ 62,992 total - Exercise/Conversion
Stock Appreciation Rights
2017-02-13−30,000→ 0 totalExercise: $32.54Exp: 2018-02-06→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]The Reporting Person exercised 30,000 Stock Appreciation Rights and as such received a gain of 7,371 shares of the issuers common stock.
- [F2]This transaction was executed in multiple trades at prices ranging from $43.15 to $43.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]As previously reported, the Stock Appreciation Rights became exercisable in four equal annual installments beginning on February 6, 2009.
- [F4]As previously reported, the Reporting Person received the Derivative Security pursuant to a grant of stock appreciation rights at no cost.