Robert L. Grubka - 20 Feb 2023 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
CEO, Workplace Solutions | Exhibit List: Exhibit 24 - Power of Attorney
Signature
/s/ My Chi To, Attorney-in-Fact
Issuer symbol
VOYA
Transactions as of
20 Feb 2023
Net transactions value
-$326,872
Form type
4
Filing time
23 Feb 2023, 18:16:46 UTC
Previous filing
11 Jul 2022
Next filing
05 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 +3,076 +15% $0.000000 24,150 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $104,514 -1,404 -5.8% $74.44 22,746 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1,326 +5.8% $0.000000 24,072 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $47,567 -639 -2.7% $74.44 23,433 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +3,260 +14% $0.000000 26,693 21 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $110,692 -1,487 -5.6% $74.44 25,206 21 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +2,854 +11% $0.000000 28,060 22 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $64,099 -874 -3.1% $73.34 27,186 22 Feb 2023 Direct

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 -3,076 -8% $0.000000 35,505 20 Feb 2023 Common Stock 3,076 Direct F2
transaction VOYA Restricted Stock Units Options Exercise $0 -1,326 -6.2% $0.000000 20,119 20 Feb 2023 Common Stock 1,326 Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -3,260 -16% $0.000000 16,859 21 Feb 2023 Common Stock 3,260 Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -2,854 -17% $0.000000 14,005 22 Feb 2023 Common Stock 2,854 Direct F3
transaction VOYA Performance Stock Unit Award $0 +16,081 +45% $0.000000 51,586 22 Feb 2023 Common Stock 16,081 Direct F4, F5
transaction VOYA Restricted Stock Units Award $0 +13,161 +94% $0.000000 27,166 22 Feb 2023 Common Stock 13,161 Direct F6, F7
holding VOYA 401(k) Plan Issuer Stock Units 1,826 20 Feb 2023 Common Stock 1,826 Direct F8
holding VOYA Deferred Savings Plan Issuer Stock Units 423 20 Feb 2023 Common Stock 423 Direct F8, F9
* 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 The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
F3 The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
F4 The stock units will vest based on their respective award agreements.
F5 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.
F6 Each stock unit represents a conditional right to receive one share of the company's common stock.
F7 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.
F8 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.
F9 Includes a dividend of 2.73 shares.

Remarks:

CEO, Workplace Solutions | Exhibit List: Exhibit 24 - Power of Attorney