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

Role
Executive Vice President, Chief Information Officer | 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
-$650,308
Form type
4
Filing time
23 Feb 2023, 20:45:11 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 +2,874 +17% $0.000000 20,038 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $99,154 -1,332 -6.6% $74.44 18,706 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +1,239 +6.6% $0.000000 19,945 20 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $42,803 -575 -2.9% $74.44 19,370 20 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +2,531 +13% $0.000000 21,901 21 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $87,318 -1,173 -5.4% $74.44 20,728 21 Feb 2023 Direct
transaction VOYA Common Stock Options Exercise $0 +2,140 +10% $0.000000 22,868 22 Feb 2023 Direct F1
transaction VOYA Common Stock Tax liability $72,753 -992 -4.3% $73.34 21,876 22 Feb 2023 Direct
transaction VOYA Common Stock Sale $263,936 -3,564 -16% $74.06 18,312 22 Feb 2023 Direct F2, F3
transaction VOYA Common Stock Sale $84,344 -1,148 -6.3% $73.47 17,164 23 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 -2,874 -8.7% $0.000000 29,985 20 Feb 2023 Common Stock 2,874 Direct F4
transaction VOYA Restricted Stock Units Options Exercise $0 -1,239 -7% $0.000000 16,521 20 Feb 2023 Common Stock 1,239 Direct F5
transaction VOYA Restricted Stock Units Options Exercise $0 -2,531 -15% $0.000000 13,990 21 Feb 2023 Common Stock 2,531 Direct F5
transaction VOYA Restricted Stock Units Options Exercise $0 -2,140 -15% $0.000000 11,850 22 Feb 2023 Common Stock 2,140 Direct F5
transaction VOYA Performance Stock Unit Award $0 +13,495 +45% $0.000000 43,480 22 Feb 2023 Common Stock 13,495 Direct F6, F7
transaction VOYA Restricted Stock Units Award $0 +11,044 +93% $0.000000 22,894 22 Feb 2023 Common Stock 11,044 Direct F6, F8
holding VOYA Performance-Based Stock Options 35,587 20 Feb 2023 Common Stock 35,587 Direct 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 ay consideration in connection with the vesting of the underlying restricted stock units and performance stock units that were awarded as compensation.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2022.
F3 This transaction was executed in multiple trades at prices ranging from $73.65 to $74.48. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the company, or a security holder of the company, full information regarding the shares sold at each seperate price.
F4 The performance stock units were awarded as compensation and convert to common stock based on the achievement of certain performance factors.
F5 The restricted stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
F6 The stock units will vest based on their respective award agreements.
F7 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.
F8 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.
F9 The options vest based on the conditions set forth in their respective agreements.

Remarks:

Executive Vice President, Chief Information Officer | Exhibit List: Exhibit 24 - Power of Attorney