Nancy Ferrara - 20 Feb 2023 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
Officer
Signature
/s/ My Chi To, Attorney-in-Fact
Issuer symbol
VOYA
Transactions as of
20 Feb 2023
Net transactions value
-$266,074
Form type
4
Filing time
23 Feb 2023, 18:14:05 UTC
Previous filing
08 Nov 2022
Next filing
06 Jul 2023
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 $0 +4,700 +48% $0.000000 14,578 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $137,565 -1,848 -13% $74.44 12,730 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1,356 +11% $0.000000 14,086 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $43,920 -590 -4.2% $74.44 13,496 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1,590 +12% $0.000000 15,086 21 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $46,599 -626 -4.1% $74.44 14,460 21 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1,398 +9.7% $0.000000 15,858 22 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $37,990 -518 -3.3% $73.34 15,340 22 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $11,001 +150 +0.98% $73.34 15,490 22 Feb 2023 Direct F2
transaction VOYA Common Stock Tax liability $11,001 -150 -0.97% $73.34 15,340 22 Feb 2023 Direct 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 Stock Unit Options Exercise $0 -4,700 -16% $0.000000 24,439 20 Feb 2023 Common Stock 4,700 Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -1,356 -9.5% $0.000000 12,912 20 Feb 2023 Common Stock 1,356 Direct F4
transaction VOYA Restricted Stock Units Options Exercise $0 -1,590 -12% $0.000000 11,322 21 Feb 2023 Common Stock 1,590 Direct F4
transaction VOYA Restricted Stock Units Options Exercise $0 -1,398 -12% $0.000000 9,924 22 Feb 2023 Common Stock 1,398 Direct F4
transaction VOYA Restricted Stock Units Award $0 +4,009 +40% $0.000000 13,933 22 Feb 2023 Common Stock 4,009 Direct F5, F6
transaction VOYA Restricted Stock Units Options Exercise $0 -150 -1.1% $0.000000 13,783 22 Feb 2023 Common Stock 150 Direct F2, F6, F7
transaction VOYA Performance Stock Unit Award $0 +4,898 +20% $0.000000 29,337 22 Feb 2023 Common Stock 4,898 Direct F7, F8
holding VOYA Performance-Based Stock Options 71,174 20 Feb 2023 Common Stock 71,174 Direct F9
holding VOYA Deferred Savings Plan Issuer Stock Units 7,357 20 Feb 2023 Common Stock 7,357 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted stock units and performance stock units that were awarded as compensation.
F2 FICA tax withholding on the grant of restricted stock units.
F3 The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
F4 The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
F5 Each stock unit represents a conditional right to receive one share of the company's common stock.
F6 1/3 of the restricted stock units will vest on February 20, 2024, 1/3 on February 18, 2025 and 1/3 on February 17, 2026.
F7 The stock units will vest based on their respective award agreements.
F8 The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (February 17, 2026) can range from 0% to 150% of the number presented above.
F9 The options vest based on the conditions set forth in their respective agreements.
F10 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.
F11 Includes dividend of 23.506 shares.

Remarks:

Executive Vice President, Operations and Continuous Improvement | Exhibit List: Exhibit 24 - Power of Attorney