BUSH STEPHANIE C 4
4 · HARTFORD FINANCIAL SERVICES GROUP, INC. · Filed Feb 22, 2023
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2023-02-22$78.45/sh−2,365$185,534→ 18,562.75 total - Award
Performance Shares
2023-02-20+7,392.637→ 7,392.637 total→ Common Stock (7,392.637 underlying) - Exercise/Conversion
Common Stock
2023-02-20+7,392.637→ 20,927.75 total - Exercise/Conversion
Performance Shares
2023-02-20−7,392.637→ 0 total→ Common Stock (7,392.637 underlying)
Holdings
- 25,202
Stock Option
Exercise: $51.87Exp: 2031-02-23→ Common Stock (25,202 underlying) - 26,687
Stock Option
Exercise: $49.01Exp: 2029-02-26→ Common Stock (26,687 underlying) - 24,922
Stock Option
Exercise: $53.81Exp: 2028-02-27→ Common Stock (24,922 underlying) - 24,155
Stock Option
Exercise: $69.41Exp: 2032-02-23→ Common Stock (24,155 underlying) - 24,094
Stock Option
Exercise: $55.27Exp: 2030-02-25→ Common Stock (24,094 underlying)
Footnotes (8)
- [F1]On February 20, 2023, 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, 2020 through December 31, 2022 performance period. The performance shares were paid in shares of the Company's common stock.
- [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 17, 2023, the last trading day prior to certification.
- [F4]The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
- [F5]One-third of the options became 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.
- [F6]The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
- [F7]One-third of the options became exercisable on February 25, 2021, an additional one-third of the options became 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.
- [F8]One-third of the options will become exercisable on February 23, 2023, an additional one-third of the options will become exercisable on February 23, 2024 and the remaining one-third of the options will become exercisable on February 23, 2025, the third anniversary of the grant date.