Deepa Soni - Feb 27, 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Signature
Kevin F Barnett, Attorney-In-Fact
Stock symbol
HIG
Transactions as of
Feb 27, 2023
Transactions value $
-$142,373
Form type
4
Date filed
3/1/2023, 03:31 PM
Previous filing
Feb 22, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Tax liability -$142K -1.83K -12.75% $77.97 12.5K Feb 27, 2023 Direct F1
holding HIG Restricted Stock Units 10.1K Feb 27, 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
holding HIG Stock Option 20.2K Feb 27, 2023 Common Stock 20.2K $51.87 Direct F2
holding HIG Stock Option 37.7K Feb 27, 2023 Common Stock 37.7K $69.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction involving a disposition to the Company of equity securities in satisfaction of tax withholding obligations in connection with a distribution to the reporting person of restricted stock units pursuant to The Hartford's 2014 Incentive Stock Plan.
F2 One-third of the options became exercisable on February 23, 2022, an additional one-third of the options became 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.
F3 One-third of the options became 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.