Will H. van den Heuvel - 20 Feb 2023 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Signature
/s/ Will H. Van Den Heuvel
Issuer symbol
CINF
Transactions as of
20 Feb 2023
Net transactions value
+$1,445,185
Form type
4
Filing time
22 Feb 2023, 14:31:17 UTC
Previous filing
08 Nov 2022
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CINF Common Stock 22,894 20 Feb 2023 Direct
holding CINF Common Stock 2,815 20 Feb 2023 By 401(k) Plan 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 Award $0 +7,006 $0.000000 7,006 20 Feb 2023 Common Stock 7,006 $0.000000 Direct F2
transaction CINF Restricted Stock Units Award $0 +1,168 $0.000000 1,168 20 Feb 2023 Common Stock 1,168 $0.000000 Direct F3
transaction CINF Stock Option (Right to Buy) Award $1,445,185 +11,509 $125.57 11,509 20 Feb 2023 Common Stock 11,509 $125.57 Direct F4
* 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 vest March 1, 2026, as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest.
F3 The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met.
F4 The option vests in three installments beginning on the first anniversary of the date of grant.