Cobb Clyde Landon Jr. 4
4 · Voya Financial, Inc. · Filed Feb 24, 2022
Insider Transaction Report
Form 4
Cobb Clyde Landon Jr.
See Remarks
Transactions
- Award
Performance Stock Unit
2022-02-22+1,255→ 4,913 total→ Common Stock (1,255 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-22−2,197→ 2,121 total→ Common Stock (2,197 underlying) - Tax Payment
Common Stock
2022-02-22$68.32/sh−1,512$103,300→ 13,507 total - Award
Restricted Stock Units
2022-02-22+1,610→ 3,731 total→ Common Stock (1,610 underlying) - Exercise/Conversion
Common Stock
2022-02-22+4,829→ 15,019 total - Exercise/Conversion
Performance Stock Unit
2022-02-22−2,041→ 3,658 total→ Common Stock (2,632 underlying)
Holdings
- 60,987
Performance-Based Stock Options
→ Common Stock (60,987 underlying)
Footnotes (8)
- [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]The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
- [F3]Awarded at 129% of target.
- [F4]The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
- [F5]Each stock unit represents a conditional right to receive one share of the company's common stock.
- [F6]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 22, 2025) can range from 0% to 150% of the number presented above.
- [F7]1/3 of the restricted stock units will vest on February 21, 2023, 1/3 on February 20, 2024 and 1/3 on February 18, 2025.
- [F8]The options vest based on the conditions set forth in their respective agreements.