Lisa Anne Love - 01 Mar 2022 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role: Sr VP, Gen Counsel, Corp Sec
Signature: /s/ Lisa Anne Love
Issuer symbol: CINF
Transactions as of: 01 Mar 2022
Net transactions value: -$168,344
Form type: 4
Filing time: 03 Mar 2022, 14:20:29 UTC
Previous filing: 23 Feb 2022
Next filing: 09 Jun 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	+3,122	+7.6%	$0.000000	44,164	01 Mar 2022	Direct
transaction	CINF	Common Stock	Options Exercise	$0	+505	+1.1%	$0.000000	44,669	01 Mar 2022	Direct
transaction	CINF	Common Stock	Options Exercise	$0	+427	+0.96%	$0.000000	45,096	01 Mar 2022	Direct
transaction	CINF	Common Stock	Options Exercise	$0	+631	+1.4%	$0.000000	45,727	01 Mar 2022	Direct
transaction	CINF	Common Stock	Tax liability	$17,365	-144	-0.31%	$120.59	45,583	01 Mar 2022	Direct
transaction	CINF	Common Stock	Tax liability	$14,712	-122	-0.27%	$120.59	45,461	01 Mar 2022	Direct
transaction	CINF	Common Stock	Tax liability	$22,309	-185	-0.41%	$120.59	45,276	01 Mar 2022	Direct
transaction	CINF	Common Stock	Tax liability	$113,958	-945	-2.1%	$120.59	44,331	01 Mar 2022	Direct
holding	CINF	Common Stock						2,264	01 Mar 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	-3,122	-100%	$0.000000^*	0	01 Mar 2022	Common Stock	3,122	$0.000000	Direct	F1
transaction	CINF	Restricted Stock Units	Options Exercise	$0	-631	-100%	$0.000000^*	0	01 Mar 2022	Common Stock	631	$0.000000	Direct	F2
transaction	CINF	Restricted Stock Units	Options Exercise	$0	-427	-50%	$0.000000	426	01 Mar 2022	Common Stock	427	$0.000000	Direct	F3
transaction	CINF	Restricted Stock Units	Options Exercise	$0	-505	-33%	$0.000000	1,011	01 Mar 2022	Common Stock	505	$0.000000	Direct	F4
holding	CINF	Phantom Stock Shares						13,977	01 Mar 2022	Common Stock	13,977	$0.000000	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.