CNA FINANCIAL CORP 4
4 · CNA FINANCIAL CORP · Filed Jul 11, 2017
Insider Transaction Report
Form 4
KANTOR JONATHAN D
EVP, Gen. Counsel & Corp. Sec.
Transactions
- Tax Payment
Common Stock
2017-07-07$48.88/sh−3,183$155,585→ 51,574 total - Award
Common Stock
2017-07-07+4,830→ 43,671 total - Tax Payment
Common Stock
2017-07-07$48.88/sh−2,490$121,711→ 41,181 total - Tax Payment
Common Stock
2017-07-07$48.88/sh−12,733$622,389→ 38,841 total
Footnotes (3)
- [F1]The Company's Incentive Compensation Plan (as amended as of January 1, 2010) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants. These shares were previously reported on March 17, 2017. Due to retirement, the vesting dates were accelerated to July 7, 2017.
- [F2]The Company's Incentive Compensation Plan (as amended as of January 1, 2010) provides for the issuance of CNA Financial Corporation's common stock under the Long-Term Incentive Plan based upon achievement of predetermined financial goals over a three year period. Due to retirement, for 2015-2017 performance period, Mr. Kantor was awarded 50% of target (4,830) shares of CNA Financial Corporation's common stock. The remaining target shares due, if any, will be paid in March 2018.
- [F3]The Company's Incentive Compensation Plan (as amended as of January 1, 2010) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.