FISHER MICHAEL R 4
4 · HARTFORD FINANCIAL SERVICES GROUP, INC. · Filed Feb 22, 2023
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2023-01-03$75.69/sh−4,916$372,092→ 5,286.91 total - Tax Payment
Common Stock
2023-02-22$78.45/sh−2,531$198,557→ 8,078.607 total - Exercise/Conversion
Performance Shares
2023-02-20−5,322.697→ 0 total→ Common Stock (5,322.697 underlying) - Exercise/Conversion
Common Stock
2023-02-20+5,322.697→ 10,609.607 total - Award
Performance Shares
2023-02-20+5,322.697→ 5,322.697 total→ Common Stock (5,322.697 underlying)
Holdings
- 17,348
Stock Option
Exercise: $55.27Exp: 2030-02-25→ Common Stock (17,348 underlying) - 18,481
Stock Option
Exercise: $51.87Exp: 2031-02-23→ Common Stock (18,481 underlying) - 18,871
Stock Option
Exercise: $69.41Exp: 2032-02-23→ Common Stock (18,871 underlying)
Footnotes (7)
- [F1]The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Mr. Fisher on May 25, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
- [F2]On February 20, 2023, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2020 through December 31, 2022 performance period. The performance shares were paid in shares of the Company's common stock.
- [F3]Transaction involving a disposition to the Company of equity securities to cover tax withholding obligations arising from the performance share certification reported on this Form 4, in accordance with the Company's administrative rules.
- [F4]The closing price of the Company's common stock on February 17, 2023, the last trading day prior to certification.
- [F5]One-third of the options became exercisable on February 23, 2022, an additional one-third of the options will become exercisable on February 23, 2023 and the remaining one-third of the options will become exercisable on February 23, 2024, the third anniversary of the grant date.
- [F6]One-third of the options became exercisable on February 25, 2021, an additional one-third of the options became exercisable on February 25, 2022 and the remaining one-third of the options will become exercisable on February 25, 2023, the third anniversary of the grant date.
- [F7]One-third of the options will become exercisable on February 23, 2023, an additional one-third of the options will become exercisable on February 23, 2024 and the remaining one-third of the options will become exercisable on February 23, 2025, the third anniversary of the grant date.