Port Larry 4
4 · Voya Financial, Inc. · Filed Feb 22, 2021
Insider Transaction Report
Form 4
Port Larry
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2021-02-18+274→ 18,387 total - Tax Payment
Common Stock
2021-02-18$56.59/sh−274$15,506→ 18,113 total - Award
Restricted Stock Units
2021-02-18+5,725→ 10,985 total→ Common Stock (5,725 underlying) - Award
Performance Stock Unit
2021-02-18+7,435→ 16,348 total→ Common Stock (7,435 underlying) - Exercise/Conversion
Restricted Stock Units
2021-02-18−274→ 10,711 total→ Common Stock (274 underlying)
Footnotes (6)
- [F1]Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted stock units and performance stock units that were awarded as compensation.
- [F2]FICA tax withholding on the grant of restricted stock units.
- [F3]Each stock unit represents a conditional right to receive one share of the company's common stock.
- [F4]The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (February 18, 2024) can range from 0% to 150% of the number presented above.
- [F5]1/3 of the restricted stock units will vest on February 18, 2022, 1/3 on February 18, 2023 and 1/2 on February 18, 2024.
- [F6]The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.