Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIG | Common Stock | Options Exercise | $0 | +1.4K | +36.62% | $0.00 | 5.23K | Feb 14, 2022 | Direct | F1 |
transaction | HIG | Common Stock | Tax liability | -$49.9K | -717 | -13.71% | $69.66 | 4.51K | Feb 15, 2022 | Direct | F2, F3 |
holding | HIG | Restricted Stock Units | 2.89K | Feb 14, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIG | Performance Shares | Award | $0 | +1.4K | $0.00 | 1.4K | Feb 14, 2022 | Common Stock | 1.4K | Direct | F1 | ||
transaction | HIG | Performance Shares | Options Exercise | $0 | -1.4K | -100% | $0.00* | 0 | Feb 14, 2022 | Common Stock | 1.4K | Direct | F1 | |
holding | HIG | Stock Option | 23.5K | Feb 14, 2022 | Common Stock | 23.5K | $51.87 | Direct | F4 | |||||
holding | HIG | Stock Option | 23.1K | Feb 14, 2022 | Common Stock | 23.1K | $55.27 | Direct | F5 |
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. |
F4 | 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. |
F5 | 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. |