Lisa Anne Love - Mar 1, 2022 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Signature
/s/ Lisa Anne Love
Stock symbol
CINF
Transactions as of
Mar 1, 2022
Transactions value $
-$168,344
Form type
4
Date filed
3/3/2022, 02:20 PM
Previous filing
Feb 23, 2022
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINF Common Stock Options Exercise $0 +3.12K +7.61% $0.00 44.2K Mar 1, 2022 Direct
transaction CINF Common Stock Options Exercise $0 +505 +1.14% $0.00 44.7K Mar 1, 2022 Direct
transaction CINF Common Stock Options Exercise $0 +427 +0.96% $0.00 45.1K Mar 1, 2022 Direct
transaction CINF Common Stock Options Exercise $0 +631 +1.4% $0.00 45.7K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$17.4K -144 -0.31% $120.59 45.6K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$14.7K -122 -0.27% $120.59 45.5K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$22.3K -185 -0.41% $120.59 45.3K Mar 1, 2022 Direct
transaction CINF Common Stock Tax liability -$114K -945 -2.09% $120.59 44.3K Mar 1, 2022 Direct
holding CINF Common Stock 2.26K Mar 1, 2022 By Mother's Trust

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 -3.12K -100% $0.00* 0 Mar 1, 2022 Common Stock 3.12K $0.00 Direct F1
transaction CINF Restricted Stock Units Options Exercise $0 -631 -100% $0.00* 0 Mar 1, 2022 Common Stock 631 $0.00 Direct F2
transaction CINF Restricted Stock Units Options Exercise $0 -427 -50.06% $0.00 426 Mar 1, 2022 Common Stock 427 $0.00 Direct F3
transaction CINF Restricted Stock Units Options Exercise $0 -505 -33.31% $0.00 1.01K Mar 1, 2022 Common Stock 505 $0.00 Direct F4
holding CINF Phantom Stock Shares 14K Mar 1, 2022 Common Stock 14K $0.00 Direct F5
* 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.
F5 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.