Amy Stepnowski - Feb 14, 2022 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
EVP
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Stock symbol
HIG
Transactions as of
Feb 14, 2022
Transactions value $
-$43,886
Form type
4
Date filed
2/16/2022, 03:38 PM
Previous filing
Jan 31, 2024
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $0 +1.8K +20.64% $0.00 10.5K Feb 14, 2022 Direct F1
transaction HIG Common Stock Tax liability -$43.9K -630 -5.98% $69.66 9.91K Feb 15, 2022 Direct F2, F3
holding HIG Restricted Stock Units 16.7K Feb 14, 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 +1.8K $0.00 1.8K Feb 14, 2022 Common Stock 1.8K Direct F1
transaction HIG Performance Shares Options Exercise $0 -1.8K -100% $0.00* 0 Feb 14, 2022 Common Stock 1.8K Direct F1
holding HIG Stock Option 28.6K Feb 14, 2022 Common Stock 28.6K $51.87 Direct F4
* 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 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.