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

Signature
Rachel J. Spehler, Attorney-in-Fact
Stock symbol
CNO
Transactions as of
Feb 14, 2023
Transactions value $
$7,769,342
Form type
4/A - Amendment
Date filed
2/17/2023, 03:26 PM
Date Of Original Report
Feb 16, 2023
Previous filing
Feb 3, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNO Common Stock Award $6.92M +271K +133.42% $25.57 473K Feb 14, 2023 Direct F1
transaction CNO Common Stock Tax liability -$2.03M -79.4K -16.76% $25.57 394K Feb 14, 2023 Direct F2
transaction CNO Restricted Stock Units Award $2.88M +113K +28.57% $25.57 507K Feb 14, 2023 Direct F3, F4, F5
holding CNO Common Stock 470K Feb 14, 2023 Gary C. Bhojwani Revocable Trust
holding CNO Common Stock 4.52K Feb 14, 2023 Gary C. Bhojwani Irrevocable Trust
holding CNO Common Stock 25.2K Feb 14, 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.