Costonis Michael Anthony 4
4 · CNA FINANCIAL CORP · Filed Mar 17, 2022
Insider Transaction Report
Form 4
Costonis Michael Anthony
EVP & Chief Operations Officer
Transactions
- Award
Common Stock
2022-03-15+31,970→ 114,854 total - Tax Payment
Common Stock
2022-03-15$46.82/sh−6,681$312,804→ 108,173 total
Footnotes (3)
- [F1]The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) provides for the issuance of CNA Financial Corporation's common stock under the Performance Share Plan (PSP) awards based upon achievement of predetermined financial goals for the 2021 performance cycle. 31,970 PSP shares were achieved and will cliff vest on March 15, 2024. No performance share unit shall vest on such vesting date unless the reporting person has been continuously employed by CNA Financial Corporation from the grant date until such vesting date except as otherwise specified in award terms and employment agreement, if any.
- [F2]The Reporting Person received the CNAF shares at no cost.
- [F3]The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.