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HIG Hartford Financial Services Group Inc

97.90
0.41 (0.42%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hartford Financial Services Group Inc NYSE:HIG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.41 0.42% 97.90 98.26 96.31 97.05 1,358,392 01:00:00

Statement of Changes in Beneficial Ownership (4)

21/02/2020 9:14pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bloom William A
2. Issuer Name and Ticker or Trading Symbol

HARTFORD FINANCIAL SERVICES GROUP, INC. [ HIG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Vice President
(Last)          (First)          (Middle)

ONE HARTFORD PLAZA
3. Date of Earliest Transaction (MM/DD/YYYY)

2/19/2020
(Street)

HARTFORD, CT 06155
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/19/2020  M  13295.1000 A$0 (1)39506.4490 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Shares  (1)2/19/2020  A   13295.1000     (1) (1)Common Stock 13295.1000 $0.0000 13295.1000 D  
Performance Shares  (1)2/19/2020  M     13295.1000   (1) (1)Common Stock 13295.1000 $0.0000 0.0000 D  
Stock Option $41.2500            (2)3/3/2025 Common Stock 33019.0000  33019.0000 D  
Stock Option $43.5900            (3)3/1/2026 Common Stock 32949.0000  32949.0000 D  
Stock Option $48.8900            (4)2/28/2027 Common Stock 40388.0000  40388.0000 D  
Stock Option $49.0100            (5)2/26/2029 Common Stock 53373.0000  53373.0000 D  
Stock Option $53.8100            (6)2/27/2028 Common Stock 39163.0000  39163.0000 D  

Explanation of Responses:
(1) On February 19, 2020, 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, 2017 through December 31, 2019 performance period. The performance shares were paid in shares of the Company's common stock.
(2) The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
(3) The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
(4) One-third of the options became exercisable on February 28, 2018, an additional one-third of the options became exercisable on February 28, 2019 and the remaining one-third of the options will become exercisable on February 28, 2020, the third anniversary of the grant date.
(5) One-third of the options will become exercisable on February 26, 2020, an additional one-third of the options will become exercisable on February 26, 2021 and the remaining one-third of the options will become exercisable on February 26, 2022, the third anniversary of the grant date.
(6) One-third of the options became exercisable on February 27, 2019, an additional one-third of the options will become exercisable on February 27, 2020 and the remaining one-third of the options will become exercisable on February 27, 2021, the third anniversary of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bloom William A
ONE HARTFORD PLAZA
HARTFORD, CT 06155


Executive Vice President

Signatures
Anthony J. Salerno, Jr., Attorney-in-Fact2/20/2020
**Signature of Reporting PersonDate

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