4//SEC Filing
LAVEY RICHARD W 4
Accession 0001062993-25-003669
CIK 0000944695other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 4:26 PM ET
Size
11.1 KB
Accession
0001062993-25-003669
Insider Transaction Report
Form 4
LAVEY RICHARD W
Senior Vice President
Transactions
- Award
Common Stock
2025-02-24+397→ 38,915.752 total - Award
Common Stock
2025-02-25+2,048→ 40,963.752 total - Award
Common Stock
2025-02-24+2,172→ 38,518.752 total - Award
Common Stock Option (right to buy)
2025-02-25+9,377→ 9,377 totalExercise: $161.82Exp: 2035-02-25→ Common Stock (9,377 underlying)
Footnotes (4)
- [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]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.
- [F3]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.
- [F4]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 0001275977
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 4:26 PM ET
- Size
- 11.1 KB