Mark Joseph Welzenbach - Feb 4, 2022 Form 4 Insider Report for HANOVER INSURANCE GROUP, INC. (THG)

Signature
/s/ Matthew R. Frascella pursuant to Confirming Statement
Stock symbol
THG
Transactions as of
Feb 4, 2022
Transactions value $
-$465,602
Form type
4
Date filed
2/8/2022, 09:36 AM
Previous filing
Jan 4, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THG Common Stock Options Exercise $1.08M +10.4K +51.78% $104.11 30.4K Feb 4, 2022 Direct
transaction THG Common Stock Sale -$1.44M -10.4K -34.11% $138.50 20K Feb 4, 2022 Direct
transaction THG Common Stock Options Exercise $549K +4.69K +23.38% $117.22 24.7K Feb 4, 2022 Direct
transaction THG Common Stock Sale -$658K -4.69K -18.95% $140.42 20K Feb 4, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THG Common Stock Option (right to buy) Options Exercise $0 -10.4K -100% $0.00* 0 Feb 4, 2022 Common Stock 10.4K $104.11 Direct F2
transaction THG Common Stock Option (right to buy) Options Exercise $0 -4.69K -66.67% $0.00 2.34K Feb 4, 2022 Common Stock 4.69K $117.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold at multiple prices ranging from $140.11 to $140.55. The Reporting Person undertakes to provide The Hanover Insurance Group, Inc. ("THG"), any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 The option, representing the right to purchase a total of 15,566 shares, vested 1/3 on each of 2/27/19, 2/27/20 and 2/27/21.
F3 The option, representing the right to purchase a total of 7,029 shares, vested 1/3 on each of 3/05/20 and 3/05/21 and the remaining 1/3 shall vest on 3/05/22.