Robert W. Paiano - 30 Dec 2021 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
EVP & Chief Risk Officer
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol
HIG
Transactions as of
30 Dec 2021
Net transactions value
-$907,555
Form type
4
Filing time
03 Jan 2022, 15:18:40 UTC
Next filing
16 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $478,025 +19,794 +51% $24.15 58,618 30 Dec 2021 Direct
transaction HIG Common Stock Sale $1,385,580 -19,794 -34% $70.00 38,824 30 Dec 2021 Direct 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 HIG Stock Option Options Exercise $0 -19,794 -100% $0.000000* 0 30 Dec 2021 Common Stock 19,794 $24.15 Direct F2
holding HIG Stock Option 14,542 30 Dec 2021 Common Stock 14,542 $35.83 Direct F3
holding HIG Stock Option 14,528 30 Dec 2021 Common Stock 14,528 $41.25 Direct F4
holding HIG Stock Option 13,138 30 Dec 2021 Common Stock 13,138 $43.59 Direct F5
holding HIG Stock Option 13,934 30 Dec 2021 Common Stock 13,934 $48.89 Direct F6
holding HIG Stock Option 34,159 30 Dec 2021 Common Stock 34,159 $49.01 Direct F7
holding HIG Stock Option 30,242 30 Dec 2021 Common Stock 30,242 $51.87 Direct F8
holding HIG Stock Option 26,702 30 Dec 2021 Common Stock 26,702 $53.81 Direct F9
holding HIG Stock Option 30,840 30 Dec 2021 Common Stock 30,840 $55.27 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Mr. Paiano on November 11, 2021, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 The options became fully exercisable on March 5, 2016, the third anniversary of the grant date.
F3 The options became fully exercisable on March 4, 2017, the third anniversary of the grant date.
F4 The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
F5 The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F6 The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F7 One-third of the options became exercisable on February 26, 2020, an additional one-third of the options became exercisable on February 26, 2021 and the remaining one-third of the options will become exercisable on February 26, 2022, the third anniversary of the grant date.
F8 One-third of the options will become exercisable on February 23, 2022, an additional one-third of the options will become exercisable on February 23, 2023 and the remaining one-third of the options will become exercisable on February 23, 2024, the third anniversary of the grant date.
F9 The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F10 One-third of the options became exercisable on February 25, 2021, an additional one-third of the options will become exercisable on February 25, 2022 and the remaining one-third of the options will become exercisable on February 25, 2023, the third anniversary of the grant date.