Beth Ann Costello - May 4, 2022 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Stock symbol
HIG
Transactions as of
May 4, 2022
Transactions value $
-$1,763,585
Form type
4
Date filed
5/6/2022, 04:05 PM
Previous filing
May 5, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $1.69M +47.2K +93.49% $35.83 97.7K May 4, 2022 Direct
transaction HIG Common Stock Sale -$3.46M -47.2K -48.32% $73.18 50.5K May 4, 2022 Direct F1, F2

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 Stock Option Options Exercise $0 -47.2K -100% $0.00* 0 May 4, 2022 Common Stock 47.2K $35.83 Direct F3
holding HIG Stock Option 77.8K May 4, 2022 Common Stock 77.8K $41.25 Direct F4
holding HIG Stock Option 72.1K May 4, 2022 Common Stock 72.1K $43.59 Direct F5
holding HIG Stock Option 70.7K May 4, 2022 Common Stock 70.7K $48.89 Direct F6
holding HIG Stock Option 75.8K May 4, 2022 Common Stock 75.8K $49.01 Direct F7
holding HIG Stock Option 67.2K May 4, 2022 Common Stock 67.2K $51.87 Direct F8
holding HIG Stock Option 63.2K May 4, 2022 Common Stock 63.2K $53.81 Direct F9
holding HIG Stock Option 71.3K May 4, 2022 Common Stock 71.3K $55.27 Direct F10
holding HIG Stock Option 75.5K May 4, 2022 Common Stock 75.5K $69.41 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Ms. Costello on February 23, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $73.00 - $73.37 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 The options became fully exercisable on March 4, 2017, the third anniversary of the grant date.
F4 The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
F5 The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F6 The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F7 The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
F8 One-third of the options became 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.
F9 The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F10 One-third of the options became exercisable on February 25, 2021, an additional one-third of the options became 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.
F11 One-third of the options will become exercisable on February 23, 2023, an additional one-third of the options will become exercisable on February 23, 2024 and the remaining one-third of the options will become exercisable on February 23, 2025, the third anniversary of the grant date.