John J. Kinney - Aug 4, 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
EVP
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Stock symbol
HIG
Transactions as of
Aug 4, 2023
Transactions value $
-$430,082
Form type
4
Date filed
8/8/2023, 04:08 PM
Previous filing
Mar 2, 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 Tax liability -$430K -5.92K -28.17% $72.60 15.1K Aug 4, 2023 Direct F1
holding HIG Common Stock 993 Aug 4, 2023 By 401(k) Plan F2

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 13K Aug 4, 2023 Common Stock 13K $43.59 Direct F3
holding HIG Stock Option 13.1K Aug 4, 2023 Common Stock 13.1K $48.89 Direct F4
holding HIG Stock Option 21.3K Aug 4, 2023 Common Stock 21.3K $49.01 Direct F5
holding HIG Stock Option 16.8K Aug 4, 2023 Common Stock 16.8K $51.87 Direct F6
holding HIG Stock Option 16K Aug 4, 2023 Common Stock 16K $53.81 Direct F7
holding HIG Stock Option 19.3K Aug 4, 2023 Common Stock 19.3K $55.27 Direct F8
holding HIG Stock Option 25.7K Aug 4, 2023 Common Stock 25.7K $69.41 Direct F9
holding HIG Stock Option 20.7K Aug 4, 2023 Common Stock 20.7K $78.28 Direct F10
* 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 2020 Stock Incentive Plan.
F2 This figure represents the reporting person's approximate share equivalent holdings in The Hartford Stock Fund (the "Fund") under the Company's 401(k) plan. The Fund consists of Company common stock (typically 99% of the Fund value) and short-term investments (typically less than 1% of the Fund value) and the number of share equivalents varies depending on the performance of the Company, the overall stock market, the amount of cash awaiting investment, and the performance and amount of short-term investments held by the Fund, less any expense accrued against the Fund. The number of shares attributed to the reporting person and expressed as share equivalents is based on information furnished by the 401(k) plan administrator as of August 4, 2023.
F3 The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F4 The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F5 The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
F6 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.
F7 The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F8 The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
F9 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.
F10 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.