Beth Ann Costello - 28 Feb 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role: EVP and CFO
Signature: Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol: HIG
Transactions as of: 28 Feb 2023
Net transactions value: -$1,424,398
Form type: 4
Filing time: 02 Mar 2023, 16:17:42 UTC
Previous filing: 22 Feb 2023
Next filing: 22 Feb 2024
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	$1,605,244	+38,915	+63%	$41.25	101,120	01 Mar 2023	Direct
transaction	HIG	Common Stock	Gift	$0	-5,000	-4.9%	$0.000000	96,120	01 Mar 2023	Direct	F1
transaction	HIG	Common Stock	Sale	$513,818	-6,559	-6.8%	$78.34	89,561	01 Mar 2023	Direct	F2, F3
transaction	HIG	Common Stock	Sale	$2,515,825	-32,356	-36%	$77.75	57,205	01 Mar 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	+57,492		$0.000000	57,492	28 Feb 2023	Common Stock	57,492	$78.28	Direct	F5
transaction	HIG	Stock Option	Options Exercise	$0	-38,915	-50%	$0.000000	38,915	01 Mar 2023	Common Stock	38,915	$41.25	Direct	F6
holding	HIG	Stock Option						72,076	28 Feb 2023	Common Stock	72,076	$43.59	Direct	F7
holding	HIG	Stock Option						70,679	28 Feb 2023	Common Stock	70,679	$48.89	Direct	F8
holding	HIG	Stock Option						75,790	28 Feb 2023	Common Stock	75,790	$49.01	Direct	F9
holding	HIG	Stock Option						67,204	28 Feb 2023	Common Stock	67,204	$51.87	Direct	F10
holding	HIG	Stock Option						63,194	28 Feb 2023	Common Stock	63,194	$53.81	Direct	F11
holding	HIG	Stock Option						71,318	28 Feb 2023	Common Stock	71,318	$55.27	Direct	F12
holding	HIG	Stock Option						75,483	28 Feb 2023	Common Stock	75,483	$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.