Lowsley Denise 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Feb 26, 2025
Insider Transaction Report
Form 4
Lowsley Denise
Executive Vice President
Transactions
- Award
Common Stock
2025-02-24+166→ 5,157.71 total - Award
Common Stock
2025-02-25+696→ 5,853.71 total - Award
Common Stock Option (right to buy)
2025-02-25+3,185→ 3,185 totalExercise: $161.82Exp: 2035-02-25→ Common Stock (3,185 underlying) - Award
Common Stock
2025-02-24+905→ 4,991.71 total
Footnotes (5)
- [F1]On February 28, 2022, 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 time-based vesting condition and also provided for the accumulation of dividend equivalent rights. On February 24, 2025, the performance condition for this award was certified at 125% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 28, 2025.
- [F2]Includes 80 shares acquired pursuant to The Hanover's Insurance Group Inc.'s 2023 Employee Stock Purchase Plan on December 31, 2025.
- [F3]On February 28, 2022, 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 time-based vesting condition and also provided for the accumulation of dividend equivalent rights. On February 24, 2025, the performance condition for this award was certified at 25% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 28, 2025.
- [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.