Beth Ann Costello - Feb 28, 2023 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
Feb 28, 2023
Transactions value $
-$1,424,398
Form type
4
Date filed
3/2/2023, 04:17 PM
Previous filing
Feb 22, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $1.61M +38.9K +62.56% $41.25 101K Mar 1, 2023 Direct
transaction HIG Common Stock Gift $0 -5K -4.94% $0.00 96.1K Mar 1, 2023 Direct F1
transaction HIG Common Stock Sale -$514K -6.56K -6.82% $78.34 89.6K Mar 1, 2023 Direct F2, F3
transaction HIG Common Stock Sale -$2.52M -32.4K -36.13% $77.75 57.2K Mar 1, 2023 Direct F2, 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 Stock Option Award $0 +57.5K $0.00 57.5K Feb 28, 2023 Common Stock 57.5K $78.28 Direct F5
transaction HIG Stock Option Options Exercise $0 -38.9K -50% $0.00 38.9K Mar 1, 2023 Common Stock 38.9K $41.25 Direct F6
holding HIG Stock Option 72.1K Feb 28, 2023 Common Stock 72.1K $43.59 Direct F7
holding HIG Stock Option 70.7K Feb 28, 2023 Common Stock 70.7K $48.89 Direct F8
holding HIG Stock Option 75.8K Feb 28, 2023 Common Stock 75.8K $49.01 Direct F9
holding HIG Stock Option 67.2K Feb 28, 2023 Common Stock 67.2K $51.87 Direct F10
holding HIG Stock Option 63.2K Feb 28, 2023 Common Stock 63.2K $53.81 Direct F11
holding HIG Stock Option 71.3K Feb 28, 2023 Common Stock 71.3K $55.27 Direct F12
holding HIG Stock Option 75.5K Feb 28, 2023 Common Stock 75.5K $69.41 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift to a charitable donor-advised fund, effected pursuant to a trading plan previously adopted by Ms. Costello on November 2, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Ms. Costello on November 2, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F3 Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $78.25 - $78.49 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.
F4 Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $77.25 - $78.25 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.
F5 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.
F6 The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
F7 The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F8 The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F9 The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
F10 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.
F11 The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F12 The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
F13 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.