HARTFORD FINANCIAL SERVICES GROUP INC/DE 4
4 · HARTFORD FINANCIAL SERVICES GROUP INC/DE · Filed Aug 12, 2013
Insider Transaction Report
Form 4
Davey James E
Executive Vice President
Transactions
- Tax Payment
Common Stock
2013-08-08$31.62/sh−6,889$217,830→ 14,796.697 total - Exercise/Conversion
Common Stock
2013-08-09+266.931→ 15,064.448 total - Exercise/Conversion
Deferred Units
2013-08-09−266.931→ 0 totalExp: 2013-08-06→ Common Stock (266.931 underlying) - Disposition to Issuer
Common Stock
2013-08-09$31.62/sh−266.931$8,440→ 14,797.517 total
Holdings
- 20,446
Stock Option
Exercise: $28.91Exp: 2021-03-01→ Common Stock (20,446 underlying) - 7,972.892
Restricted Stock Units
- 30,364
Stock Option
Exercise: $20.63Exp: 2022-02-28→ Common Stock (30,364 underlying)
Footnotes (5)
- [F1]Transaction involving a disposition to the Company of equity securities in satisfaction of tax withholding obligations in connection with a distribution to the reporting person of restricted stock units pursuant to The Hartford's 2010 Incentive Stock Plan.
- [F2]Each deferred unit is equal to one share of the Company's common stock. On August 9, 2013, 266.931 of the reporting person's deferred units were settled for cash based upon the Company's closing stock price on the New York Stock Exchange on August 6, 2013.
- [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 (August 6, 2010) 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.
- [F4]One-third of the options became exercisable on February 28, 2013, an additional one-third of the options will become exercisable on February 28, 2014 and the remaining one-third of the options will become exercisable on February 28, 2015, the third anniversary of the grant date.
- [F5]One-third of the options became exercisable on March 1, 2012, an additional one-third of the options became exercisable on March 1, 2013 and the remaining one-third of the options will become exercisable on March 1, 2014, the third anniversary of the grant date.