David C. Robinson - 14 Feb 2022 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role: EVP and General Counsel
Signature: Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol: HIG
Transactions as of: 14 Feb 2022
Net transactions value: -$649,719
Form type: 4
Filing time: 16 Feb 2022, 15:38:14 UTC
Previous filing: 06 Oct 2021
Next filing: 25 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	$0	+20,021	+494%	$0.000000	24,071	14 Feb 2022	Direct	F1
transaction	HIG	Common Stock	Tax liability	$649,719	-9,327	-39%	$69.66	14,744	15 Feb 2022	Direct	F2, F3

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	+20,021		$0.000000	20,021	14 Feb 2022	Common Stock	20,021		Direct	F1
transaction	HIG	Performance Shares	Options Exercise	$0	-20,021	-100%	$0.000000^*	0	14 Feb 2022	Common Stock	20,021		Direct	F1
holding	HIG	Stock Option						37,068	14 Feb 2022	Common Stock	37,068	$43.59	Direct	F4
holding	HIG	Stock Option						40,388	14 Feb 2022	Common Stock	40,388	$48.89	Direct	F5
holding	HIG	Stock Option						53,373	14 Feb 2022	Common Stock	53,373	$49.01	Direct	F6
holding	HIG	Stock Option						48,723	14 Feb 2022	Common Stock	48,723	$51.87	Direct	F7
holding	HIG	Stock Option						39,163	14 Feb 2022	Common Stock	39,163	$53.81	Direct	F8
holding	HIG	Stock Option						50,116	14 Feb 2022	Common Stock	50,116	$55.27	Direct	F9

* 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.
F4	The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F5	The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F6	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.
F7	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.
F8	The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F9	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.