Kevin D. Silva - Feb 20, 2023 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
Executive Vice President and Chief Human Resources Officer |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 $
-$752,012
Form type
4
Date filed
2/23/2023, 08:09 PM
Previous filing
Jul 11, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $0 +10.3K +103.01% $0.00 20.2K Feb 20, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$392K -5.27K -26.09% $74.44 14.9K Feb 20, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +2.8K +18.76% $0.00 17.7K Feb 20, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$102K -1.37K -7.7% $74.44 16.4K Feb 20, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +3.18K +19.44% $0.00 19.5K Feb 21, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$115K -1.55K -7.93% $74.44 18K Feb 21, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +3.18K +17.67% $0.00 21.2K Feb 22, 2023 Direct F1
transaction VOYA Common Stock Tax liability -$114K -1.55K -7.32% $73.34 19.6K Feb 22, 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +395 +2.01% $0.00 20K Feb 22, 2023 Direct F2
transaction VOYA Common Stock Tax liability -$29K -395 -1.97% $73.34 19.6K Feb 22, 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 -10.3K -21% $0.00 38.6K Feb 20, 2023 Common Stock 10.3K Direct F3
transaction VOYA Restricted Stock Units Options Exercise $0 -2.8K -11.8% $0.00 20.9K Feb 20, 2023 Common Stock 2.8K Direct F4
transaction VOYA Restricted Stock Units Options Exercise $0 -3.18K -15.19% $0.00 17.8K Feb 21, 2023 Common Stock 3.18K Direct F4
transaction VOYA Restricted Stock Units Options Exercise $0 -3.18K -17.91% $0.00 14.6K Feb 22, 2023 Common Stock 3.18K Direct F4
transaction VOYA Performance Stock Unit Award $0 +10.5K +27.25% $0.00 49.1K Feb 22, 2023 Common Stock 10.5K Direct F5, F6
transaction VOYA Restricted Stock Units Award $0 +8.6K +58.98% $0.00 23.2K Feb 22, 2023 Common Stock 8.6K Direct F5, F7
transaction VOYA Restricted Stock Units Options Exercise $0 -395 -1.7% $0.00 22.8K Feb 22, 2023 Common Stock 395 Direct F2, F5
holding VOYA Performance-Based Stock Options 71.2K Feb 20, 2023 Common Stock 71.2K Direct F8
* 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 convert 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 The stock units will vest based on their respective award agreements.
F6 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.
F7 1/3 of the restricted stock units will vest on February 20, 2024 on February 18, 2025 and 1/3 on February 17, 2026.
F8 The options vest based on the conditions set forth in their respective agreements.

Remarks:

Executive Vice President and Chief Human Resources Officer |Exhibit List: Exhibit 24 - Power of Attorney