State Auto Financial (STFC) executive Jones returned to the company 21,568 shares

Insider transactions reported

Scott Alan Jones (executive at State Auto Financial Corporation, STFC) reported that they returned to the company 21,568 shares on Mar 1, 2022. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (By 401 (k) Plan).

Reporting person

Jones Scott Alan

Holdings before and after

• Common Shares without Par Value: 21,007 to 0 direct
• Common Shares without Par Value: 561 to 0 indirect, By 401 (k) Plan

Footnotes from the filing

1. 1. This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger and Combination (the Merger Agreement ), dated as of July 12, 2021, by and among State Auto Financial Corporation, an Ohio corporation ( STFC ), State Automobile Mutual Insurance Company, an Ohio mutual insurance company ( SAM ), Liberty Mutual Holding Company, Inc., a Massachusetts mutual holding company ( LMHC ), Pymatuning, Inc., an Ohio corporation and wholly-owned indirect subsidiary of LMHC ( Merger Sub I ), and Andover, Inc., an Ohio corporation and wholly-owned direct subsidiary of LMHC, a copy of which was filed as Exhibit 2.1 to STFC's Form 8-K filed with the Securities and Exchange Commission on July 12, 2021.
2. 2. Pursuant to the Merger Agreement, on March 1, 2022, LMHC effected the acquisition of STFC through the merger of Merger Sub I with and into STFC (the Merger ) with STFC surviving the Merger as the surviving corporation and as an indirect wholly-owned subsidiary of LMHC. At the effective time of the Merger (the Effective Time ), each issued and outstanding share of common stock of STFC (each, a Share ) (other than the SAM Owned Shares, the Cancelled Shares and the Dissenting Shares, as such terms are defined in the Merger Agreement) was cancelled and converted into the right to receive $52.00 in cash (the Merger Consideration ) without interest and subject to applicable withholding taxes.
3. 3. Includes the following acquisitions: 23.246 Shares acquired in September 2021 and 23.061 Shares acquired in December 2021 as dividend reinvestment. Also includes 9,069 performance units pursuant to the STFC 2017 Long-Term Incentive Plan.
4. 4. Shares held in Reporting Person's 401(k) Plan.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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