Hartford Financial Services Group Inc. 7.875% Fixed to Floatin (HGH) executive Swift acquired 55,752 shares

Insider transactions reported

Christopher Swift (executive at Hartford Financial Services Group Inc. 7.875% Fixed to Floatin, HGH) reported that they acquired 55,752 shares, and gave up 22,854 shares at $50.10 to cover taxes or an exercise price between Feb 17, 2021 and Feb 18, 2021. After these transactions the filing shows 137,922.68 shares held directly.

Reporting person

Swift Christopher

Options and other derivatives

Holdings before and after

• Common Stock: 105,024.68 to 137,922.68 direct

Other positions listed

• Common Stock: 43,179 indirect, By Spouse
• Common Stock: 41,515 indirect, Swift Family Gift Trust
• Common Stock: 110,390 indirect, Swift Family Legacy Trust

Footnotes from the filing

1. 1. On February 17, 2021, 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, 2018 through December 31, 2020 performance period. The performance shares were paid in shares of the Company's common stock.
2. 2. 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.
3. 3. The closing price of the Company's common stock on February 17, 2021, the day of certification.
4. 4. The options became fully exercisable on February 28, 2015, the third anniversary of the grant date.
5. 5. The options became fully exercisable on March 5, 2016, the third anniversary of the grant date.
6. 10. One-third of the options became 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.
7. 11. One-third of the options became exercisable on February 27, 2019, an additional one-third of the options became 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.
8. 12. One-third of the options will become exercisable on February 25, 2021, an additional one-third of the options will become 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.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

FAQ