Whelan Hugh T.M. 4
4 · HARTFORD FINANCIAL SERVICES GROUP INC/DE · Filed Mar 1, 2012
Insider Transaction Report
Form 4
Whelan Hugh T.M.
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2012-03-01$20.48/sh−20,262.145$414,969→ 2,155.872 total - Exercise/Conversion
Common Stock
2012-03-01+20,262.145→ 22,418.017 total - Exercise/Conversion
Restricted Units
2012-03-01−20,262.145→ 0 totalExp: 2012-02-25→ Common Stock (20,262.145 underlying)
Holdings
- 31,291.459
Restricted Stock Units
- 21,122.365
Restricted Units
Exp: 2013-02-25→ Common Stock (21,122.365 underlying) - 2,025.498
Deferred Units
Exp: 2013-05-03→ Common Stock (2,025.498 underlying)
Footnotes (3)
- [F1]Each restricted unit is the equivalent of one share of the Company's common stock. On March 1, 2012, 20262.145 of the reporting person's restricted units were settled for cash based upon the Company's closing stock price on the New York Stock Exchange on February 24, 2012.
- [F2]Each restricted unit will be settled in cash as soon as practicable after, and in any event within 90 days after February 25, 2013 (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.
- [F3]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 (May 3, 2013) 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.