X0305 4 2012-05-24 1 0000020286 CINCINNATI FINANCIAL CORP CINF 0001220235 FORRESTER CRAIG W 6200 SOUTH GILMORE RD FAIRFIELD OH 45014-5141 1 Sr.VP,Chief Techno Officer-Sub Common Stock 2012-05-24 4 M 0 401 0 A 2178 D Common Stock 2012-05-24 4 F 0 121 35.44 D 2057 D Common Stock 943 I By 401(k) Plan Common Stock 6921 I By Spouse's Trust Common Stock 27437 I By Trust Restricted Stock Units 0 2012-05-24 4 M 0 401 0 D Common Stock 401 0 D Phantom Stock 0 Common Stock 1538 1538 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. Vesting conditions waived as consideration for separation agreement. The reported phantom stock shares 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 shares into an alternative investment selection within the plan. The insider has also elected that future bi-weekly contributions in the Top Hat Savings Plan be invested in the Cincinnati Financial Stock Plan. Craig W Forrester 2012-05-25