X0303 4 2011-02-18 0000020286 CINCINNATI FINANCIAL CORP CINF 0001209894 TIMMEL TIMOTHY L 6200 SOUTH GILMORE RD FAIRFIELD OH 45014-5141 1 Sr. Vice President-Subsidiary Common Stock 0 D Common Stock 2945 I By 401(k) Plan Common Stock 383 I By IRA Common Stock 39948 I By Spouse's Trust Common Stock 76674 I By Trust Employee Stock Option (Right to Buy) 34.04 2011-02-18 4 A 0 4322 0 A 2012-02-18 2021-02-18 Common Stock 4322 4322 D Restricted Stock Units 0 2011-02-18 4 A 0 2702 0 A Common Stock 2702 2702 D Restricted Stock Units 0 2011-02-18 4 A 0 648 0 A Common Stock 648 648 D Phantom Stock 0 Common Stock 8458 8458 D The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan. The option vests in three annual installments beginning on the first anniversary of the date of grant. The restricted stock units vest March 1, 2014 as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest. The restricted stock units vest February 18, 2014 as set forth in the grant agreement, if service requirements are met. The reported phantom stock units were acquired under the company's top hat savings plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment selection within the plan. Timothy L Timmel 2011-02-21