Stephen M Spray - 01 Mar 2022 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Signature
/s/ Stephen M Spray
Issuer symbol
CINF
Transactions as of
01 Mar 2022
Net transactions value
-$199,094
Form type
4
Filing time
03 Mar 2022, 14:19:58 UTC
Previous filing
23 Feb 2022
Next filing
08 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINF Common Stock Options Exercise $0 +3,567 +8.6% $0.000000 44,849 01 Mar 2022 Direct
transaction CINF Common Stock Options Exercise $0 +636 +1.4% $0.000000 45,485 01 Mar 2022 Direct
transaction CINF Common Stock Options Exercise $0 +610 +1.3% $0.000000 46,095 01 Mar 2022 Direct
transaction CINF Common Stock Options Exercise $0 +544 +1.2% $0.000000 46,639 01 Mar 2022 Direct
transaction CINF Common Stock Tax liability $22,550 -187 -0.4% $120.59 46,452 01 Mar 2022 Direct
transaction CINF Common Stock Tax liability $22,792 -189 -0.41% $120.59 46,263 01 Mar 2022 Direct
transaction CINF Common Stock Tax liability $20,018 -166 -0.36% $120.59 46,097 01 Mar 2022 Direct
transaction CINF Common Stock Tax liability $133,734 -1,109 -2.4% $120.59 44,988 01 Mar 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 -3,567 -100% $0.000000* 0 01 Mar 2022 Common Stock 3,567 $0.000000 Direct F1
transaction CINF Restricted Stock Units Options Exercise $0 -610 -100% $0.000000* 0 01 Mar 2022 Common Stock 610 $0.000000 Direct F2
transaction CINF Restricted Stock Units Options Exercise $0 -544 -50% $0.000000 543 01 Mar 2022 Common Stock 544 $0.000000 Direct F3
transaction CINF Restricted Stock Units Options Exercise $0 -636 -33% $0.000000 1,271 01 Mar 2022 Common Stock 636 $0.000000 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.