Michael R. Fisher - 01 Mar 2024 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
EVP
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol
HIG
Transactions as of
01 Mar 2024
Net transactions value
-$388,605
Form type
4
Filing time
04 Mar 2024, 17:18:05 UTC
Previous filing
29 Feb 2024
Next filing
15 Mar 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 Sale $388,605 -4,088 -29% $95.06 10,081 01 Mar 2024 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 18,481 01 Mar 2024 Common Stock 18,481 $51.87 Direct F2
holding HIG Stock Option 17,348 01 Mar 2024 Common Stock 17,348 $55.27 Direct F3
holding HIG Stock Option 18,871 01 Mar 2024 Common Stock 18,871 $69.41 Direct F4
holding HIG Stock Option 14,225 01 Mar 2024 Common Stock 14,225 $78.28 Direct F5
holding HIG Stock Option 6,306 01 Mar 2024 Common Stock 6,306 $95.74 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Mr. Fisher on November 21, 2023, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 The options became fully exercisable on February 23, 2024, the third anniversary of the grant date.
F3 The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
F4 One-third of the options became exercisable on February 23, 2023, an additional one-third of the options became 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.
F5 One-third of the options became 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 One-third of the options will become exercisable on February 27, 2025, an additional one-third of the options will become exercisable on February 27, 2026 and the remaining one-third of the options will become exercisable on February 27, 2027, the third anniversary of the grant date.