Franzetti Daniel Paul 4
4 · CNA FINANCIAL CORP · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Franzetti Daniel Paul
EVP & CAO
Transactions
- Award
Common Stock
2023-03-15+23,322→ 65,152 total - Tax Payment
Common Stock
2023-03-15$36.84/sh−9,046$333,255→ 56,106 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 2022 performance cycle. 23,322 PSP shares were achieved and will cliff vest on March 15, 2025. 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.