Heather H. Lavallee - 20 Feb 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
Issuer symbol
VOYA
Transactions as of
20 Feb 2023
Net transactions value
-$414,069
Form type
4
Filing time
23 Feb 2023, 20:03:30 UTC
Previous filing
03 Jan 2023
Next filing
09 Mar 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 +3,945 +52% $0.000000 11,540 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $136,151 -1,829 -16% $74.44 9,711 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1,700 +18% $0.000000 11,411 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $58,361 -784 -6.9% $74.44 10,627 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +3,552 +33% $0.000000 14,179 21 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $122,528 -1,646 -12% $74.44 12,533 21 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +2,854 +23% $0.000000 15,387 22 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $97,029 -1,323 -8.6% $73.34 14,064 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 -3,945 -4.1% $0.000000 92,182 20 Feb 2023 Common Stock 3,945 Direct F2
transaction VOYA Restricted Stock Units Options Exercise $0 -1,700 -5% $0.000000 32,458 20 Feb 2023 Common Stock 1,700 Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -3,552 -11% $0.000000 28,906 21 Feb 2023 Common Stock 3,552 Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -2,854 -9.9% $0.000000 26,052 22 Feb 2023 Common Stock 2,854 Direct F3
transaction VOYA Performance Stock Unit Award $0 +43,195 +47% $0.000000 135,377 22 Feb 2023 Common Stock 43,195 Direct F4, F5
transaction VOYA Restricted Stock Units Award $0 +35,351 +136% $0.000000 61,403 22 Feb 2023 Common Stock 35,351 Direct F4, F6
holding VOYA Deferred Savings Plan Issuer Stock Units 4,618 20 Feb 2023 Common Stock 4,618 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