Scott R. Lewis - 14 Feb 2022 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Signature
/s/ Anthony J. Salerno, Attorney-in-Fact
Issuer symbol
HIG
Transactions as of
14 Feb 2022
Net transactions value
-$75,651
Form type
4
Filing time
16 Feb 2022, 15:37:23 UTC
Previous filing
22 Dec 2021
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $0 +2,192 +10% $0.000000 23,759 14 Feb 2022 Direct F1
transaction HIG Common Stock Tax liability $75,651 -1,086 -4.6% $69.66 22,673 15 Feb 2022 Direct F2, F3
holding HIG Restricted Stock Units 16,917 14 Feb 2022 Direct

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 Performance Shares Award $0 +2,192 $0.000000 2,192 14 Feb 2022 Common Stock 2,192 Direct F1
transaction HIG Performance Shares Options Exercise $0 -2,192 -100% $0.000000* 0 14 Feb 2022 Common Stock 2,192 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.