Stephen M. Spray - Mar 1, 2022 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role
President - Sub
Signature
/s/ Stephen M Spray
Stock symbol
CINF
Transactions as of
Mar 1, 2022
Transactions value $
-$199,094
Form type
4
Date filed
3/3/2022, 02:19 PM
Previous filing
Feb 23, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINF Common Stock Options Exercise $0 +3.57K +8.64% $0.00 44.8K Mar 1, 2022 Direct
transaction CINF Common Stock Options Exercise $0 +636 +1.42% $0.00 45.5K Mar 1, 2022 Direct
transaction CINF Common Stock Options Exercise $0 +610 +1.34% $0.00 46.1K Mar 1, 2022 Direct
transaction CINF Common Stock Options Exercise $0 +544 +1.18% $0.00 46.6K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$22.6K -187 -0.4% $120.59 46.5K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$22.8K -189 -0.41% $120.59 46.3K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$20K -166 -0.36% $120.59 46.1K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$134K -1.11K -2.41% $120.59 45K Mar 1, 2022 Direct

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 CINF Performance Stock Units Options Exercise $0 -3.57K -100% $0.00* 0 Mar 1, 2022 Common Stock 3.57K $0.00 Direct F1
transaction CINF Restricted Stock Units Options Exercise $0 -610 -100% $0.00* 0 Mar 1, 2022 Common Stock 610 $0.00 Direct F2
transaction CINF Restricted Stock Units Options Exercise $0 -544 -50.05% $0.00 543 Mar 1, 2022 Common Stock 544 $0.00 Direct F3
transaction CINF Restricted Stock Units Options Exercise $0 -636 -33.35% $0.00 1.27K Mar 1, 2022 Common Stock 636 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units became payable March 1, 2022. The performance goals were met at target level.
F2 The restricted stock units vested March 1, 2022, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2022.
F3 The restricted stock units vested March 1, 2022, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2023.
F4 The restricted stock units vested March 1, 2022, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2024.