WEAVER CONSTANCE K 4
4 · HARTFORD FINANCIAL SERVICES GROUP INC/DE · Filed Nov 9, 2009
Insider Transaction Report
Form 4
WEAVER CONSTANCE K
Sr. Vice President
Transactions
- Award
Deferred Units
2009-11-05$24.12/sh+1,071.033$25,833→ 1,071.033 totalFrom: 2011-11-05Exp: 2011-11-05→ Common Stock (1,071.033 underlying) - Award
Restricted Units
2009-11-05$24.12/sh+6,592.04$159,000→ 19,371.163 totalFrom: 2012-11-05Exp: 2012-11-05→ Common Stock (6,592.04 underlying) - Tax Payment
Deferred Units
2009-11-05$24.12/sh−22.186$535→ 1,048.847 total→ Common Stock (22.186 underlying)
Holdings
- 1,890.572
Restricted Stock Units
- 5,300
Restricted Stock
- 26,552
Stock Option
Exercise: $7.04Exp: 2019-02-25→ Common Stock (26,552 underlying) - 5,753
Stock Option
Exercise: $74.88Exp: 2018-02-26→ Common Stock (5,753 underlying) - 12,779.123
Restricted Units
From: 2012-02-25Exp: 2012-02-25→ Common Stock (12,779.123 underlying)
Footnotes (6)
- [F1]One-third of the option became exercisable on February 26, 2009, an additional one-third of the option will become exercisable on February 26, 2010 and the remaining one-third of the option will become exercisable on February 26, 2011, the third anniversary of the grant date.
- [F2]One-third of the option becomes exercisable on February 25, 2010, an additional one-third of the option becomes exercisable on February 25, 2011 and the remaining one-third of the option becomes exercisable on February 25, 2012, the third anniversary of the grant date.
- [F3]Each restricted unit will be settled in cash on the expiration date for an amount equal to the company's closing stock price on the New York Stock Exchange on the expiration date.
- [F4]Each restricted unit will be settled in cash as soon as practicable after, and in any event within 90 days after, the later to occur of (i) November 5, 2012 or (ii) the date the value of such restricted units can be paid in accordance with applicable law (the "Valuation Date"). The cash settlement payable per unit shall be equal the closing stock price per share of the company's common stock on the Valuation Date as reported on the New York Stock Exchange.
- [F5]Each deferred unit will be settled in cash as soon as practicable after, and in any event within 90 days after, the second anniversary of the grant date for an amount equal to the company's closing stock price on the New York Stock Exchange on the settlement date. Deferred units are fully vested when credited.
- [F6]Transaction involving a disposition to the company of deferred units in satisfaction of tax obligations in connection with the vesting of deferred units.