Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIG | Common Stock | Options Exercise | $0 | +9.61K | +37.48% | $0.00 | 35.3K | Feb 14, 2022 | Direct | F1 |
transaction | HIG | Common Stock | Tax liability | -$313K | -4.5K | -12.77% | $69.66 | 30.8K | Feb 15, 2022 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIG | Performance Shares | Award | $0 | +9.61K | $0.00 | 9.61K | Feb 14, 2022 | Common Stock | 9.61K | Direct | F1 | ||
transaction | HIG | Performance Shares | Options Exercise | $0 | -9.61K | -100% | $0.00* | 0 | Feb 14, 2022 | Common Stock | 9.61K | Direct | F1 | |
holding | HIG | Stock Option | 20.2K | Feb 14, 2022 | Common Stock | 20.2K | $48.89 | Direct | F4 | |||||
holding | HIG | Stock Option | 25.6K | Feb 14, 2022 | Common Stock | 25.6K | $49.01 | Direct | F5 | |||||
holding | HIG | Stock Option | 25.2K | Feb 14, 2022 | Common Stock | 25.2K | $51.87 | Direct | F6 | |||||
holding | HIG | Stock Option | 18.3K | Feb 14, 2022 | Common Stock | 18.3K | $53.81 | Direct | F7 | |||||
holding | HIG | Stock Option | 24.1K | Feb 14, 2022 | Common Stock | 24.1K | $55.27 | Direct | F8 |
Id | Content |
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F1 | On February 14, 2022, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2019 through December 31, 2021 performance period. The performance shares were paid in shares of the Company's common stock. |
F2 | Transaction involving a disposition to the Company of equity securities to cover tax withholding obligations arising from the performance share certification reported on this Form 4, in accordance with the Company's administrative rules. |
F3 | The closing price of the Company's common stock on February 14, 2022, the day of certification. |
F4 | The options became fully exercisable on February 28, 2020, the third anniversary of the grant date. |
F5 | 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. |
F6 | 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. |
F7 | The options became fully exercisable on February 27, 2021, the third anniversary of the grant date. |
F8 | 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. |