Gary C. Bhojwani - 14 Feb 2023 Form 4/A - Amendment Insider Report for CNO Financial Group, Inc. (CNO)

Role
Chief Executive Officer, Director
Signature
Rachel J. Spehler, Attorney-in-Fact
Issuer symbol
CNO
Transactions as of
14 Feb 2023
Net transactions value
+$7,769,342
Form type
4/A - Amendment
Filing time
17 Feb 2023, 15:26:54 UTC
Date Of Original Report
16 Feb 2023
Previous filing
03 Feb 2023
Next filing
03 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNO Common Stock Award $6,919,242 +270,600 +133% $25.57 473,419 14 Feb 2023 Direct F1
transaction CNO Common Stock Tax liability $2,029,082 -79,354 -17% $25.57 394,065 14 Feb 2023 Direct F2
transaction CNO Restricted Stock Units Award $2,879,182 +112,600 +29% $25.57 506,665 14 Feb 2023 Direct F3, F4, F5
holding CNO Common Stock 470,231 14 Feb 2023 Gary C. Bhojwani Revocable Trust
holding CNO Common Stock 4,518 14 Feb 2023 Gary C. Bhojwani Irrevocable Trust
holding CNO Common Stock 25,240 14 Feb 2023 Gary C. Bhojwani Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were acquired upon vesting of performance share units for the 2020-2022 performance period, based on the Issuer's 2020 operating return on equity, 2020 operating earnings per share, and relative total shareholder return over 2020-2022.
F2 Shares were surrendered to the Issuer to cover required tax withholding on performance share units.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 The restricted stock units vest in three equal annual installments beginning March 25, 2024.
F5 This amendment corrects the number of restricted stock units granted on February 14, 2023.

Remarks:

The reporting person no longer has a reportable beneficial ownership interest in Issuer common stock held by trusts for the benefit of the reporting person's children, all of which were included in the reporting person's prior ownership reports.