4//SEC Filing
HANOVER INSURANCE GROUP, INC. 4
Accession 0000944695-15-000006
$THGCIK 0000944695operating
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:34 PM ET
Size
9.0 KB
Accession
0000944695-15-000006
Insider Transaction Report
Form 4
Greenfield David B
Executive Vice President
Transactions
- Award
Common Stock
2015-01-19+11,250→ 49,006 total - Tax Payment
Common Stock
2015-01-20$69.64/sh−1,267$88,234→ 45,908 total - Tax Payment
Common Stock
2015-01-20$69.64/sh−1,831$127,511→ 47,175 total
Footnotes (3)
- [F1]On January 20, 2012, the Reporting Person was granted 7,500 (target) performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2006 Long-Term Incentive Plan. The PBRSUs were subject to both a time-based and a performance condition, and the actual award could be as low as zero and as high as 150% of target depending on the level of performance achieved. On January 19, 2015, the Compensation Committee determined that the level of performance achieved entitled the holders of the PBRSUs to 150% of their target award. Accordingly, on January 19, 2015, the PBRSUs' performance criteria vested, and the PBRSUs converted into the number of restricted stock units indicated on this Form 4. 50% of the restricted stock units vest on each of the third and fourth anniversaries of the date of grant.
- [F2]On January 20, 2015, 50% of the restricted stock units described in Footnote 1 vested. Represents shares forfeited to pay withholding taxes upon the vesting of these restricted stock units.
- [F3]Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer.
Documents
Issuer
HANOVER INSURANCE GROUP, INC.
CIK 0000944695
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000944695
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:34 PM ET
- Size
- 9.0 KB