Michael R. Fisher - 13 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
13 Mar 2024
Net transactions value
-$753,269
Form type
4
Filing time
15 Mar 2024, 16:07:58 UTC
Previous filing
04 Mar 2024
Next filing
02 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $958,609 +18,481 +183% $51.87 28,562 13 Mar 2024 Direct
transaction HIG Common Stock Options Exercise $958,824 +17,348 +61% $55.27 45,910 13 Mar 2024 Direct
transaction HIG Common Stock Sale $1,309,886 -13,240 -29% $98.93 32,670 13 Mar 2024 Direct F1, F2
transaction HIG Common Stock Sale $1,360,816 -13,764 -42% $98.87 18,906 13 Mar 2024 Direct F1, F3

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 Options Exercise $0 -18,481 -100% $0.000000* 0 13 Mar 2024 Common Stock 18,481 $51.87 Direct F4
transaction HIG Stock Option Options Exercise $0 -17,348 -100% $0.000000* 0 13 Mar 2024 Common Stock 17,348 $55.27 Direct F5
holding HIG Stock Option 18,871 13 Mar 2024 Common Stock 18,871 $69.41 Direct F6
holding HIG Stock Option 14,225 13 Mar 2024 Common Stock 14,225 $78.28 Direct F7
holding HIG Stock Option 6,306 13 Mar 2024 Common Stock 6,306 $95.74 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale pursuant to a "sell to cover" order in which the reporting person exercised an aggregate of 35,829 stock options and sold an aggregate of 27,004 shares to pay the costs and taxes associated with acquiring and holding 8,825 shares.
F2 Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $98.91 - $98.99 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.
F3 Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $98.85 - $98.94 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 The options became fully exercisable on February 23, 2024, the third anniversary of the grant date.
F5 The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
F6 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.
F7 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.
F8 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.