Walters John Clinton 4
4 · HARTFORD FINANCIAL SERVICES GROUP INC/DE · Filed May 5, 2010
Insider Transaction Report
Form 4
Walters John Clinton
Executive Vice President
Transactions
- Award
Deferred Units
2010-05-03$28.99/sh+10,305.278$298,750→ 10,305.278 totalExp: 2012-05-03→ Common Stock (10,305.278 underlying) - Tax Payment
Deferred Units
2010-05-03$28.99/sh−215.34$6,243→ 10,089.938 total→ Common Stock (215.34 underlying)
Holdings
- 38,240
Stock Options
Exercise: $74.88Exp: 2018-02-26→ Common Stock (38,240 underlying) - 44,448.225
Restricted Units
Exp: 2013-02-25→ Common Stock (44,448.225 underlying) - 14,029.278
Restricted Stock Units
- 28,085.387
Common Stock
- 15,791
Stock Options
Exercise: $93.69Exp: 2017-02-27→ Common Stock (15,791 underlying) - 7,586
Stock Options
Exercise: $65.99Exp: 2014-02-20→ Common Stock (7,586 underlying) - 15,913
Stock Options
Exercise: $83.00Exp: 2016-02-15→ Common Stock (15,913 underlying) - 148,548
Stock Options
Exercise: $7.04Exp: 2019-02-25→ Common Stock (148,548 underlying) - 12,035.02
Deferred Units
Exp: 2012-02-25→ Common Stock (12,035.02 underlying) - 19,352.453
Restricted Units
Exp: 2009-11-05→ Common Stock (19,352.453 underlying) - 14,872
Stock Options
Exercise: $71.27Exp: 2015-02-19→ Common Stock (14,872 underlying) - 3,538
Stock Options
Exercise: $92.69Exp: 2017-07-30→ Common Stock (3,538 underlying) - 70,979.918
Restricted Units
Exp: 2012-02-25→ Common Stock (70,979.918 underlying) - 8,000
Restricted Stock
- 6,077.419
Deferred Units
Exp: 2011-11-05→ Common Stock (6,077.419 underlying)
Footnotes (13)
- [F1]The option became fully exercisable on February 18, 2007, the third anniversary of the grant date.
- [F10]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.
- [F11]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) February 25, 2013 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 to the closing stock price per share of the company's common stock on the valuation date as reported on the New York Stock Exchange.
- [F12]One-third of the deferred unit award will be settled in cash as soon as practicable after, and in any event within 90 days after, the first, second and third anniversaries of the grant date based on the company's closing stock price on the New York Stock Exchange on the applicable anniversary date. Deferred units are fully vested when credited.
- [F13]Transaction involving a disposition to the company of deferred units in satisfaction of tax withholding obligations in connection with the vesting of deferred units.
- [F2]The option became fully exercisable on February 17, 2008, the third anniversary of the grant date.
- [F3]The option became fully exercisable on February 15, 2009, the third anniversary of the grant date.
- [F4]The option became fully exercisable on February 27, 2010, the third anniversary of the grant date.
- [F5]One-third of the option became exercisable on July 30, 2008, an additional one-third of the option became exercisable on July 30, 2009, and the remaining one-third of the option will become exercisable on July 30, 2010, the third anniversary of the grant date.
- [F6]The option becomes fully exercisable upon the later of: (i) the date on which the closing stock price on the New York Stock Exchange equals or exceeds 125% of the exercise price for 10 consecutive trading days or (ii) February 26, 2011, three years from the date of the grant.
- [F7]The option becomes fully exercisable upon the later of: (i) the date on which the closing stock price on the New York Stock Exchange equals or exceeds 125% of the exercise price for 10 consecutive trading days or (ii) February 25, 2012, three years from the date of the grant. The closing price condition to vesting has been met.
- [F8]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.
- [F9]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 05, 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 to the closing stock price per share of the company's common stock on the valuation date as reported on the New York Stock Exchange.