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

Role: EVP and CFO
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.