deCastro Kathleen E. 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Jan 28, 2019
Insider Transaction Report
Form 4
deCastro Kathleen E.
Executive Vice President
Transactions
- Award
Common Stock
2019-01-25+111.571→ 2,756.167 total
Holdings
- 6,831
Common Stock Option (right to buy)
Exercise: $119.02Exp: 2028-07-23→ Common Stock (6,831 underlying)
Footnotes (3)
- [F1]Grant of restricted stock units under the Issuer's 2014 Long-Term Incentive Plan upon the accrual of dividend rights associated with restricted stock units originally granted on 7/23/18 as a result of the payment of a $4.75 special dividend on January 25, 2019 to all shareholders of record on January 10, 2019 that was announced on December 30, 2018 (the "Special Dividend"). Such units vest on the second anniversary of the date of grant of the underlying restricted stock units.
- [F2]Option award previously granted by the Issuer on July 23, 2018. On January 9, 2019, pursuant to the terms specified in the award, the exercise price of this award was automatically adjusted from $124.14 to $119.02, and the number of shares underlying the award was automatically adjusted from 6,549 to 6,831 to reflect the Special Dividend.
- [F3]A third of the award will vest on each of the first three anniversaries of the date of grant.