X0306 4 2016-03-01 0000020286 CINCINNATI FINANCIAL CORP CINF 0001426197 Hollenbeck Martin F 6200 SOUTH GILMORE RD FAIRFIELD OH 45014-5141 1 Sr.VP,Chief Investment Officer Common Stock 2016-03-01 4 M 0 1964 0 A 39108 D Common Stock 2016-03-01 4 M 0 204 0 A 39312 D Common Stock 2016-03-01 4 F 0 702 63.72 D 38610 D Common Stock 1432 I By 401(k) Restricted Stock Units 0 2016-03-01 4 M 0 1964 0 D Common Stock 1964 11124 D Restricted Stock Units 0 2016-03-01 4 M 0 204 0 D Common Stock 204 406 D Phantom Stock 0 Common Stock 4595 4595 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 restricted stock units became payable March 1, 2016. The performance goals were met at the threshold level. The restricted stock units vested March 1, 2016, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2018. 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. /s/ Martin F Hollenbeck 2016-03-02