0001225208-23-002568.txt : 20230222 0001225208-23-002568.hdr.sgml : 20230222 20230222175319 ACCESSION NUMBER: 0001225208-23-002568 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230220 FILED AS OF DATE: 20230222 DATE AS OF CHANGE: 20230222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Paiano Robert W CENTRAL INDEX KEY: 0001709978 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13958 FILM NUMBER: 23654934 MAIL ADDRESS: STREET 1: ONE HARTFORD PLAZA CITY: HARTFORD STATE: CT ZIP: 06155 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HARTFORD FINANCIAL SERVICES GROUP, INC. CENTRAL INDEX KEY: 0000874766 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 133317783 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE HARTFORD PLAZA CITY: HARTFORD STATE: CT ZIP: 06155 BUSINESS PHONE: 8605475000 MAIL ADDRESS: STREET 1: ONE HARTFORD PLAZA CITY: HARTFORD STATE: CT ZIP: 06155 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD FINANCIAL SERVICES GROUP INC/DE DATE OF NAME CHANGE: 19990402 FORMER COMPANY: FORMER CONFORMED NAME: ITT HARTFORD GROUP INC /DE DATE OF NAME CHANGE: 19930328 4 1 doc4.xml X0306 4 2023-02-20 0000874766 HARTFORD FINANCIAL SERVICES GROUP, INC. HIG 0001709978 Paiano Robert W ONE HARTFORD PLAZA HARTFORD CT 06155 1 EVP & Chief Risk Officer Common Stock 2023-02-20 4 M 0 9462.5710 0 A 46628.9560 D Common Stock 2023-02-21 4 M 0 14542.0000 35.8300 A 61170.9560 D Common Stock 2023-02-21 4 S 0 14542.0000 77.3774 D 46628.9560 D Common Stock 2023-02-22 4 F 0 4385.0000 78.4500 D 42243.9560 D Performance Shares 2023-02-20 4 A 0 9462.5710 0.0000 A Common Stock 9462.5710 9462.5710 D Performance Shares 2023-02-20 4 M 0 9462.5710 0.0000 D Common Stock 9462.5710 0.0000 D Stock Option 35.8300 2023-02-21 4 M 0 14542.0000 0.0000 D 2024-03-04 Common Stock 14542.0000 0.0000 D Stock Option 41.2500 2025-03-03 Common Stock 14528.0000 14528.0000 D Stock Option 43.5900 2026-03-01 Common Stock 13138.0000 13138.0000 D Stock Option 48.8900 2027-02-28 Common Stock 13934.0000 13934.0000 D Stock Option 49.0100 2029-02-26 Common Stock 34159.0000 34159.0000 D Stock Option 51.8700 2031-02-23 Common Stock 30242.0000 30242.0000 D Stock Option 53.8100 2028-02-27 Common Stock 26702.0000 26702.0000 D Stock Option 55.2700 2030-02-25 Common Stock 30840.0000 30840.0000 D Stock Option 69.4100 2032-02-23 Common Stock 27174.0000 27174.0000 D 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. Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $77.35 - $77.45 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. 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. The closing price of the Company's common stock on February 17, 2023, the last trading day prior to certification. The options became fully exercisable on March 4, 2017, the third anniversary of the grant date. The options became fully exercisable on March 3, 2018, the third anniversary of the grant date. The options became fully exercisable on March 1, 2019, the third anniversary of the grant date. The options became fully exercisable on February 28, 2020, the third anniversary of the grant date. The options became fully exercisable on February 26, 2022, the third anniversary of the grant date. 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. The options became fully exercisable on February 27, 2021, the third anniversary of the grant date. 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. 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. Kevin F Barnett, Attorney-In-Fact 2023-02-22