CINCINNATI FINANCIAL CORP 4
4 · CINCINNATI FINANCIAL CORP · Filed Mar 3, 2017
Insider Transaction Report
Form 4
TIMMEL TIMOTHY L
Sr. Vice President-Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2017-03-01+3,686→ 128,630 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2017-03-01−258→ 514 totalExercise: $0.00→ Common Stock (258 underlying) - Exercise/Conversion
Common Stock
2017-03-01+148→ 128,778 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2017-03-01+258→ 129,036 total(indirect: By Trust) - Tax Payment
Common Stock
2017-03-01$74.66/sh−1,423$106,241→ 127,613 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2017-03-01−3,686→ 3,686 totalExercise: $0.00→ Common Stock (3,686 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-01−148→ 148 totalExercise: $0.00→ Common Stock (148 underlying)
Holdings
- 10,707
Phantom Stock
Exercise: $0.00→ Common Stock (10,707 underlying) - 3,723(indirect: By 401(k))
Common Stock
- 383(indirect: By IRA)
Common Stock
- 39,948(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]The restricted stock units became payable March 1, 2017. The performance goals were met at the target level.
- [F2]The restricted stock units vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2018.
- [F3]The restricted stock units vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2019.
- [F4]The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.