Paiano Robert W 4
4 · HARTFORD FINANCIAL SERVICES GROUP, INC. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Paiano Robert W
EVP & Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-20+18,451.464→ 46,792.059 total - Tax Payment
Common Stock
2024-02-21$93.43/sh−8,551$798,920→ 38,241.059 total - Exercise/Conversion
Common Stock
2024-02-20$41.25/sh+14,528$599,280→ 61,320.059 total - Exercise/Conversion
Performance Shares
2024-02-20−18,451.464→ 0 total→ Common Stock (18,451.464 underlying) - Sale
Common Stock
2024-02-20$93.97/sh−14,528$1,365,124→ 46,792.059 total - Award
Performance Shares
2024-02-20+18,451.464→ 18,451.464 total→ Common Stock (18,451.464 underlying) - Exercise/Conversion
Stock Option
2024-02-20−14,528→ 0 totalExercise: $41.25Exp: 2025-03-03→ Common Stock (14,528 underlying)
Holdings
- 27,174
Stock Option
Exercise: $69.41Exp: 2032-02-23→ Common Stock (27,174 underlying) - 30,840
Stock Option
Exercise: $55.27Exp: 2030-02-25→ Common Stock (30,840 underlying) - 21,337
Stock Option
Exercise: $78.28Exp: 2033-02-28→ Common Stock (21,337 underlying) - 13,934
Stock Option
Exercise: $48.89Exp: 2027-02-28→ Common Stock (13,934 underlying) - 13,138
Stock Option
Exercise: $43.59Exp: 2026-03-01→ Common Stock (13,138 underlying) - 34,159
Stock Option
Exercise: $49.01Exp: 2029-02-26→ Common Stock (34,159 underlying) - 30,242
Stock Option
Exercise: $51.87Exp: 2031-02-23→ Common Stock (30,242 underlying) - 26,702
Stock Option
Exercise: $53.81Exp: 2028-02-27→ Common Stock (26,702 underlying)
Footnotes (12)
- [F1]On February 20, 2024, 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, 2021 through December 31, 2023 performance period. The performance shares were paid in shares of the Company's common stock.
- [F10]The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
- [F11]One-third of the options became 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.
- [F12]One-third of the options will become exercisable on February 28, 2024, an additional one-third of the options will become exercisable on February 28, 2025 and the remaining one-third of the options will become exercisable on February 28, 2026, 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 20, 2024, the day of certification.
- [F4]The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
- [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]The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
- [F8]One-third of the options became exercisable on February 23, 2022, an additional one-third of the options became 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.