4//SEC Filing
Kinney John J. 4
Accession 0001225208-22-002313
CIK 0000874766other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:37 PM ET
Size
21.4 KB
Accession
0001225208-22-002313
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2022-02-15$69.66/sh−3,763$262,131→ 5,851.32 total - Award
Performance Shares
2022-02-14+8,008.57→ 8,008.57 total→ Common Stock (8,008.57 underlying) - Exercise/Conversion
Common Stock
2022-02-14+8,008.57→ 9,614.32 total - Exercise/Conversion
Performance Shares
2022-02-14−8,008.57→ 0 total→ Common Stock (8,008.57 underlying)
Holdings
- 12,347.213
Restricted Stock Units
- 16,021
Stock Option
Exercise: $53.81Exp: 2028-02-27→ Common Stock (16,021 underlying) - 12,974
Stock Option
Exercise: $43.59Exp: 2026-03-01→ Common Stock (12,974 underlying) - 13,126
Stock Option
Exercise: $48.89Exp: 2027-02-28→ Common Stock (13,126 underlying) - 21,349
Stock Option
Exercise: $49.01Exp: 2029-02-26→ Common Stock (21,349 underlying) - 16,801
Stock Option
Exercise: $51.87Exp: 2031-02-23→ Common Stock (16,801 underlying) - 19,275
Stock Option
Exercise: $55.27Exp: 2030-02-25→ Common Stock (19,275 underlying) - 895.398(indirect: By 401(k))
Common Stock
Footnotes (10)
- [F1]On February 14, 2022, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2019 through December 31, 2021 performance period. The performance shares were paid in shares of the Company's common stock.
- [F10]One-third of the options became exercisable on February 25, 2021, an additional one-third of the options will become exercisable on February 25, 2022 and the remaining one-third of the options will become exercisable on February 25, 2023, the third anniversary of the grant date.
- [F2]Transaction involving a disposition to the Company of equity securities to cover tax withholding obligations arising from the performance share certification reported on this Form 4, in accordance with the Company's administrative rules.
- [F3]The closing price of the Company's common stock on February 14, 2022, the day of certification.
- [F4]This figure represents the reporting person's approximate share equivalent holdings in The Hartford Stock Fund (the "Fund") under the Company's 401(k) plan. The Fund consists of Company common stock (typically 99% of the Fund value) and short-term investments (typically less than 1% of the Fund value) and the number of share equivalents varies depending on the performance of the Company, the overall stock market, the amount of cash awaiting investment, and the performance and amount of short-term investments held by the fund, less any expense accrued against the fund. The number of shares attributed to the reporting person and expressed as share equivalents is based on information furnished by the 401(k) plan administrator as of February 14, 2022.
- [F5]The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
- [F6]The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
- [F7]One-third of the options became exercisable on February 26, 2020, an additional one-third of the options became exercisable on February 26, 2021 and the remaining one-third of the options will become exercisable on February 26, 2022, the third anniversary of the grant date.
- [F8]One-third of the options will become exercisable on February 23, 2022, an additional one-third of the options will become exercisable on February 23, 2023 and the remaining one-third of the options will become exercisable on February 23, 2024, the third anniversary of the grant date.
- [F9]The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
Documents
Issuer
HARTFORD FINANCIAL SERVICES GROUP, INC.
CIK 0000874766
Entity typeother
Related Parties
1- filerCIK 0001877486
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:37 PM ET
- Size
- 21.4 KB