Christopher Swift - 28 Feb 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role: Chairman and CEO, Director
Signature: Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol: HIG
Transactions as of: 28 Feb 2023
Net transactions value: -$1,471,298
Form type: 4
Filing time: 02 Mar 2023, 16:17:17 UTC
Previous filing: 22 Feb 2023
Next filing: 28 Apr 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	Options Exercise	$1,240,578	+34,624	+18%	$35.83	231,845	28 Feb 2023	Direct
transaction	HIG	Common Stock	Sale	$2,711,876	-34,624	-15%	$78.32	197,221	28 Feb 2023	Direct	F1, F2
holding	HIG	Common Stock						43,179	28 Feb 2023	By Spouse
holding	HIG	Common Stock						95,386	28 Feb 2023	Swift Family Gift Trust
holding	HIG	Common Stock						60,865	28 Feb 2023	Swift Family Legacy Trust

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	Award	$0	+248,933		$0.000000	248,933	28 Feb 2023	Common Stock	248,933	$78.28	Direct	F3
transaction	HIG	Stock Option	Options Exercise	$0	-34,624	-33%	$0.000000	69,248	28 Feb 2023	Common Stock	34,624	$35.83	Direct	F4
holding	HIG	Stock Option						301,887	28 Feb 2023	Common Stock	301,887	$41.25	Direct	F5
holding	HIG	Stock Option						294,481	28 Feb 2023	Common Stock	294,481	$43.59	Direct	F6
holding	HIG	Stock Option						302,908	28 Feb 2023	Common Stock	302,908	$48.89	Direct	F7
holding	HIG	Stock Option						352,263	28 Feb 2023	Common Stock	352,263	$49.01	Direct	F8
holding	HIG	Stock Option						310,820	28 Feb 2023	Common Stock	310,820	$51.87	Direct	F9
holding	HIG	Stock Option						284,819	28 Feb 2023	Common Stock	284,819	$53.81	Direct	F10
holding	HIG	Stock Option						327,679	28 Feb 2023	Common Stock	327,679	$55.27	Direct	F11
holding	HIG	Stock Option						301,932	28 Feb 2023	Common Stock	301,932	$69.41	Direct	F12

* 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. Swift on December 13, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The exercised options were granted to Mr. Swift in 2014 and scheduled to expire on March 4, 2024.
F2	Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $78.00 - $78.56 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	One-third of the options will become exercisable on February 28, 2024, an additional one-third of the options will become exercisable on February 28, 2025 and the remaining one-third of the options will become exercisable on February 28, 2026, the third anniversary of the grant date.
F4	The options became fully exercisable on March 4, 2017, the third anniversary of the grant date.
F5	The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
F6	The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F7	The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F8	The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
F9	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.
F10	The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F11	The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
F12	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.