4//SEC Filing
Lowsley Denise 4
Accession 0001062993-24-004724
CIK 0000944695other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:02 PM ET
Size
12.8 KB
Accession
0001062993-24-004724
Insider Transaction Report
Form 4
Lowsley Denise
Executive Vice President
Transactions
- Award
Common Stock
2024-02-26+913→ 4,991.9 total - Tax Payment
Common Stock
2024-02-26$134.61/sh−742$99,881→ 4,883.187 total - Award
Common Stock
2024-02-27+792→ 5,675.187 total - Award
Common Stock
2024-02-26+633→ 5,624.9 total - Award
Common Stock Option (right to buy)
2024-02-27+3,523→ 3,523 totalExercise: $134.26Exp: 2034-02-27→ Common Stock (3,523 underlying)
Footnotes (5)
- [F1]On February 26, 2021, the Reporting Person was granted performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2014 Long-Term Incentive Plan. These PBRSUs were subject to a performance-based vesting condition related to three-year average adjusted return on equity and a three-year time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 26, 2024, the performance condition for this award was certified at 112% of the target award (as adjusted for accumulated dividend equivalent rights), and vested and was paid.
- [F2]On February 26, 2021, the Reporting Person was granted PBRSUs pursuant to the Issuer's 2014 Long-Term Incentive Plan. These PBRSUs were subject to a performance-based vesting condition related to three-year relative total shareholder return and a three-year time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 26, 2024, the performance condition for this award was certified at 72.73% of the target award (as adjusted for accumulated dividend equivalent rights), and vested and was paid.
- [F3]Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer and vested on February 26, 2024. In connection with vesting, any fractional shares were rounded up to the next whole share in accordance with the terms of the award agreement.
- [F4]Grant of restricted stock units under the Issuer's 2022 Long-Term Incentive Plan. Such units vest on the third anniversary of the date of grant.
- [F5]Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.
Issuer
HANOVER INSURANCE GROUP, INC.
CIK 0000944695
Entity typeother
Related Parties
1- filerCIK 0001572984
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:02 PM ET
- Size
- 12.8 KB