Heather H. Lavallee - Feb 20, 2023 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
President and CEO | Exhibit List; Exhibit 24 - Power of Attorney
Signature
/s/ My Chi To, Attorney-in-Fact
Stock symbol
VOYA
Transactions as of
Feb 20, 2023
Transactions value $
-$414,069
Form type
4
Date filed
2/23/2023, 08:03 PM
Previous filing
Jan 3, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $0 +3.95K +51.94% $0.00 11.5K Feb 20, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$136K -1.83K -15.85% $74.44 9.71K Feb 20, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1.7K +17.51% $0.00 11.4K Feb 20, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$58.4K -784 -6.87% $74.44 10.6K Feb 20, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +3.55K +33.42% $0.00 14.2K Feb 21, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$123K -1.65K -11.61% $74.44 12.5K Feb 21, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +2.85K +22.77% $0.00 15.4K Feb 22, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$97K -1.32K -8.6% $73.34 14.1K Feb 22, 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 -3.95K -4.1% $0.00 92.2K Feb 20, 2023 Common Stock 3.95K Direct F2
transaction VOYA Restricted Stock Units Options Exercise $0 -1.7K -4.98% $0.00 32.5K Feb 20, 2023 Common Stock 1.7K Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -3.55K -10.94% $0.00 28.9K Feb 21, 2023 Common Stock 3.55K Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -2.85K -9.87% $0.00 26.1K Feb 22, 2023 Common Stock 2.85K Direct F3
transaction VOYA Performance Stock Unit Award $0 +43.2K +46.86% $0.00 135K Feb 22, 2023 Common Stock 43.2K Direct F4, F5
transaction VOYA Restricted Stock Units Award $0 +35.4K +135.69% $0.00 61.4K Feb 22, 2023 Common Stock 35.4K Direct F4, F6
holding VOYA Deferred Savings Plan Issuer Stock Units 4.62K Feb 20, 2023 Common Stock 4.62K Direct F7
* 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 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 based on the achievement of certain performance factors.
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 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 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.

Remarks:

President and CEO | Exhibit List; Exhibit 24 - Power of Attorney