X0306 4 2017-03-01 0000020286 CINCINNATI FINANCIAL CORP CINF 0001519683 Love Lisa Anne 6200 SOUTH GILMORE RD FAIRFIELD OH 45014 1 Sr VP, Gen. Counsel, Corp Sec Common Stock 2017-03-01 4 M 0 4687 0 A 24137.233 D Common Stock 2017-03-01 4 M 0 149 0 A 24286.233 D Common Stock 2017-03-01 4 M 0 263 0 A 24549.233 D Common Stock 2017-03-01 4 F 0 1650 74.66 D 22899.233 D Common Stock 2264 I By Mother's Trust Restricted Stock Units 0 2017-03-01 4 M 0 4687 0 D Common Stock 4687 4687 D Restricted Stock Units 0 2017-03-01 4 M 0 149 0 D Common Stock 149 149 D Restricted Stock Units 0 2017-03-01 4 M 0 263 0 D Common Stock 263 525 D Phantom Stock Shares 0 Common Stock 8086 8086 D The restricted stock units became payable March 1, 2017. The performance goals were met at the target level. The restricted stock units vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2018. The restricted stock units vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2019. 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. /s/ Lisa Anne Love 2017-03-03