Martin F. Hollenbeck - 01 Mar 2022 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role
Sr.VP,Chief Investment Officer
Signature
/s/ Martin F Hollenbeck
Issuer symbol
CINF
Transactions as of
01 Mar 2022
Net transactions value
-$218,871
Form type
4
Filing time
03 Mar 2022, 14:20:06 UTC
Previous filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINF Common Stock Options Exercise $0 +4,200 +5.7% $0.000000 77,352 01 Mar 2022 Trust
transaction CINF Common Stock Options Exercise $0 +569 +0.74% $0.000000 77,921 01 Mar 2022 Trust
transaction CINF Common Stock Options Exercise $0 +718 +0.92% $0.000000 78,639 01 Mar 2022 Trust
transaction CINF Common Stock Options Exercise $0 +664 +0.84% $0.000000 79,303 01 Mar 2022 Trust
transaction CINF Common Stock Tax liability $20,139 -167 -0.21% $120.59 79,136 01 Mar 2022 Trust
transaction CINF Common Stock Tax liability $22,792 -189 -0.24% $120.59 78,947 01 Mar 2022 Trust
transaction CINF Common Stock Tax liability $25,444 -211 -0.27% $120.59 78,736 01 Mar 2022 Trust
transaction CINF Common Stock Tax liability $150,496 -1,248 -1.6% $120.59 77,488 01 Mar 2022 Trust
holding CINF Common Stock 1,683 01 Mar 2022 By 401(k) 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
transaction CINF Performance Stock Units Options Exercise $0 -4,200 -100% $0.000000* 0 01 Mar 2022 Common Stock 4,200 $0.000000 Direct F2
transaction CINF Restricted Stock Units Options Exercise $0 -718 -100% $0.000000* 0 01 Mar 2022 Common Stock 718 $0.000000 Direct F3
transaction CINF Restricted Stock Units Options Exercise $0 -569 -50% $0.000000 568 01 Mar 2022 Common Stock 569 $0.000000 Direct F4
transaction CINF Restricted Stock Units Options Exercise $0 -664 -33% $0.000000 1,329 01 Mar 2022 Common Stock 664 $0.000000 Direct F5
holding CINF Phantom Stock 5,403 01 Mar 2022 Common Stock 5,403 $0.000000 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.
F2 The restricted stock units became payable March 1, 2022. The performance goals were met at target level.
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, 2022.
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, 2023.
F5 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.
F6 The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.