Michael R. Fisher - 03 Jan 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role: EVP
Signature: Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol: HIG
Transactions as of: 03 Jan 2023
Net transactions value: -$570,649
Form type: 4
Filing time: 22 Feb 2023, 16:51:56 UTC
Previous filing: 08 Nov 2022
Next filing: 02 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIG	Common Stock	Sale	$372,092	-4,916	-48%	$75.69	5,287	03 Jan 2023	Direct	F1
transaction	HIG	Common Stock	Options Exercise	$0	+5,323	+101%	$0.000000	10,610	20 Feb 2023	Direct	F2
transaction	HIG	Common Stock	Tax liability	$198,557	-2,531	-24%	$78.45	8,079	22 Feb 2023	Direct	F3, F4

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	+5,323		$0.000000	5,323	20 Feb 2023	Common Stock	5,323		Direct	F2
transaction	HIG	Performance Shares	Options Exercise	$0	-5,323	-100%	$0.000000^*	0	20 Feb 2023	Common Stock	5,323		Direct	F2
holding	HIG	Stock Option						18,481	03 Jan 2023	Common Stock	18,481	$51.87	Direct	F5
holding	HIG	Stock Option						17,348	03 Jan 2023	Common Stock	17,348	$55.27	Direct	F6
holding	HIG	Stock Option						18,871	03 Jan 2023	Common Stock	18,871	$69.41	Direct	F7

* 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 Mr. Fisher on May 25, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2	On February 20, 2023, 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, 2020 through December 31, 2022 performance period. The performance shares were paid in shares of the Company's common stock.
F3	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.
F4	The closing price of the Company's common stock on February 17, 2023, the last trading day prior to certification.
F5	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.
F6	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.
F7	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.