Deepa Soni - 04 Aug 2023 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
Executive Vice President
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol
HIG
Transactions as of
04 Aug 2023
Net transactions value
-$328,951
Form type
4
Filing time
08 Aug 2023, 16:08:15 UTC
Previous filing
02 Mar 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 Tax liability $328,951 -4,531 -20% $72.60 18,376 04 Aug 2023 Direct F1

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 20,161 04 Aug 2023 Common Stock 20,161 $51.87 Direct F2
holding HIG Stock Option 37,742 04 Aug 2023 Common Stock 37,742 $69.41 Direct F3
holding HIG Stock Option 33,191 04 Aug 2023 Common Stock 33,191 $78.28 Direct F4
* 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 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.
F4 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.