Scott R. Lewis - Feb 20, 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
SVP and Controller
Signature
Kevin F Barnett, Attorney-In-Fact
Stock symbol
HIG
Transactions as of
Feb 20, 2023
Transactions value $
-$65,035
Form type
4
Date filed
2/22/2023, 04:51 PM
Previous filing
Dec 19, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $0 +1.63K +8.84% $0.00 20K Feb 20, 2023 Direct F1
transaction HIG Common Stock Tax liability -$65K -829 -4.14% $78.45 19.2K Feb 22, 2023 Direct F2, F3
holding HIG Restricted Stock Units 11K Feb 20, 2023 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 +1.63K $0.00 1.63K Feb 20, 2023 Common Stock 1.63K Direct F1
transaction HIG Performance Shares Options Exercise $0 -1.63K -100% $0.00* 0 Feb 20, 2023 Common Stock 1.63K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 17, 2023, the last trading day prior to certification.