Nancy Ferrara - 10 Feb 2022 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
Executive Vice President, Operations and Continuous Improvement
Signature
/s/ Rachel Reid, Attorney-in-Fact
Issuer symbol
VOYA
Transactions as of
10 Feb 2022
Net transactions value
-$754,769
Form type
4
Filing time
11 Feb 2022, 16:20:43 UTC
Previous filing
19 Nov 2021
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $807,648 +21,480 +155% $37.60 35,296 10 Feb 2022 Direct F1
transaction VOYA Common Stock Sale $1,562,417 -21,480 -61% $72.74 13,816 10 Feb 2022 Direct F1, F2

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 VOYA Performance-Based Stock Options Options Exercise $0 -21,480 -23% $0.000000 71,174 10 Feb 2022 Common Stock 21,480 $37.60 Direct F1, F3
holding VOYA Restricted Stock Units 8,682 10 Feb 2022 Common Stock 8,682 Direct F4
holding VOYA Performance Stock Unit 16,104 10 Feb 2022 Common Stock 16,104 Direct F4
holding VOYA Deferred Savings Plan Issuer Stock Units 7,264 10 Feb 2022 Common Stock 7,264 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and stock sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2021.
F2 This transaction was executed in multiple trades at prices ranging from $71.00 to $73.38. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
F3 25% of the options were exercisable on March 31, 2018. 75% of the options were exercisable on June 30, 2018.
F4 The stock units will vest based on their respective award agreements.
F5 Each of these units represents a right to receive the cash value of one share of the company's common stock upon the reporting person's separation from the company. The reporting person may reallocate investments in these units to alternative investments in the future.
F6 Includes dividend of 21.794 shares.

Remarks:

Executive Vice President, Operations and Continuous Improvement