Rodney O. Martin Jr - Feb 20, 2024 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Signature
/s/ My Chi To, Attorney-in-Fact
Stock symbol
VOYA
Transactions as of
Feb 20, 2024
Transactions value $
-$10,878,982
Form type
4
Date filed
2/22/2024, 04:30 PM
Previous filing
Dec 18, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $0 +67K +81.71% $0.00 149K Feb 20, 2024 Direct F2
transaction VOYA Common Stock Options Exercise $0 +90.4K +60.7% $0.00 239K Feb 20, 2024 Direct F2
transaction VOYA Common Stock Tax liability -$4.08M -58.2K -24.32% $70.14 181K Feb 20, 2024 Direct
transaction VOYA Common Stock Sale -$6.8M -99.2K -54.75% $68.53 82K Feb 21, 2024 Direct F3
holding VOYA Common Stock 6.93K Feb 20, 2024 By 401(k) Plan F1

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 Restricted Stock Units Options Exercise $0 -67K -51.45% $0.00 63.2K Feb 20, 2024 Common Stock 67K Direct F4
transaction VOYA Performance Stock Unit Options Exercise $0 -90.4K -32.53% $0.00 187K Feb 20, 2024 Common Stock 90.4K Direct F5
holding VOYA Performance-Based Stock Options 159K Feb 20, 2024 Common Stock 159K Direct F6
holding VOYA Deferred Savings Plan Issuer Stock Units 8.1K Feb 20, 2024 Common Stock 8.1K Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes automatic semi-monthly contributions to the reporting person's 401(k).
F2 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.
F3 This transaction was executed in multiple trades at prices ranging from $68.03 to $69.975. 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 issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
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 performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
F6 The options vest based on the conditions set forth in their respective agreements.
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.
F8 Includes dividend of 44.036 shares.

Remarks:

Executive Chairman