Michael Q. Simonds - May 5, 2023 Form 4 Insider Report for Unum Group (UNM)

Signature
/s/ Jullienne, J. Paul, Attorney-in-Fact
Stock symbol
UNM
Transactions as of
May 5, 2023
Transactions value $
-$786,960
Form type
4
Date filed
5/9/2023, 05:39 PM
Previous filing
Mar 3, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNM Common Stock Sale -$787K -18K -7.5% $43.72 222K May 5, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 8, 2022.
F2 Includes 60,655 restricted stock units ("stock-settled RSUs"), 31,217 stock success units ("SSUs"), and 130,216 shares of common stock. All stock-settled RSUs and SSUs may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.