Mense D Craig 4
4 · CNA FINANCIAL CORP · Filed Aug 15, 2017
Insider Transaction Report
Form 4
Mense D Craig
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2017-08-14$52.72/sh+23,450$1,236,284→ 130,548 total - Sale
Common Stock
2017-08-14$52.66/sh−23,450$1,234,877→ 107,098 total - Exercise/Conversion
Stock Appreciation Rights
2017-08-14−30,000→ 0 totalExercise: $11.51Exp: 2019-02-04→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]The Reporting Person exercised 30,000 Stock Appreciation Rights and as such received a gain of 23,450 shares of the issuers common stock.
- [F2]This transaction was executed in multiple trades at prices ranging from $52.51 to $53.00. 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 installments beginning on February 4, 2010. Grant date was February 4, 2009.
- [F4]As previously reported, the Reporting Person received the Derivative Security pursuant to a grant of stock appreciation rights at no cost.