SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Kreczko Alan J

(Last) (First) (Middle)
ONE HARTFORD PLAZA

(Street)
HARTFORD CT 06155

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HARTFORD FINANCIAL SERVICES GROUP INC/DE [ HIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
E.V.P. and General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2012 M 18,235.93 A (1) 27,144.483 D
Common Stock 03/01/2012 D 18,235.93 D $20.48 8,908.553 D
Restricted Stock Units 14,996.246 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $65.99 (2) 02/20/2014 Common Stock 3,414 3,414 D
Stock Options $83 (3) 02/15/2016 Common Stock 2,938 2,938 D
Stock Options $93.69 (4) 02/27/2017 Common Stock 2,884 2,884 D
Stock Options $92.69 (5) 07/30/2017 Common Stock 2,477 2,477 D
Stock Options $74.88 (6) 02/26/2018 Common Stock 8,577 8,577 D
Stock Options $7.04 (7) 02/25/2019 Common Stock 37,180 37,180 D
Stock Option $28.91 (8) 03/01/2021 Common Stock 39,498 39,498 D
Stock Options $20.63 02/28/2012 A 60,729 (9) 02/28/2022 Common Stock 60,729 $0.00 60,729 D
Restricted Units (1) 03/01/2012 M 18,235.93 (1) 02/25/2012 Common Stock 18,235.93 (1) 0 D
Restricted Units (10) (10) 02/25/2013 Common Stock 23,445.825 23,445.825 D
Deferred Units (11) (11) 05/03/2013 Common Stock 1,963.946 1,963.946 D
Explanation of Responses:
1. Each restricted unit is equal to one share of the Company's common stock. On March 1, 2012, 18,235.930 of the reporting person's restricted units were settled for cash based upon the Company's closing stock price on the New York Stock Exchange on February 24, 2012.
2. The option became fully exercisable as of February 18, 2007, the third anniversary of the grant date.
3. The option became fully exercisable on February 15, 2009, the third anniversary of the grant date.
4. The option became fully exercisable on February 27, 2010, the third anniversary of the grant date.
5. The option became fully exercisable on July 30, 2010, three years from the date of the grant.
6. The option became fully exercisable on February 26, 2011, three years from the date of the grant.
7. All options became exercisable on February 25, 2012, the third anniversary of the grant date.
8. One third of the option became exercisable on March 1, 2012, an additional one third of the option will become exercisable on March 1, 2013 and the remaining one-third of the option will become exercisable on March 1, 2014, the third anniversary of the grant date.
9. One-third of the option will become exercisable on February 28, 2013, an additional one-third of the option will become exercisable on February 28, 2014 and the remaining one-third of the option will become exercisable on February 28, 2015, the third anniversary of the grant date.
10. Each restricted unit will be settled in cash as soon as practicable, and in any event within 90 days, after February 25, 2013 (the "Valuation Date"). The cash settlement payable per unit shall be equal to the closing stock price per share of the Company's common stock on the valuation date as reported on the New York Stock Exchange.
11. One-third of the deferred unit award will be settled in cash as soon as practicable after, and in any event within 90 days after, the first, second and third anniversaries of the grant date (May 3, 2010) based on the Company's closing stock price on the New York Stock Exchange on the applicable anniversary date. Deferred units are fully vested when credited.
Remarks:
/s/ Anthony J. Salerno POA for Alan J. Kreczko dated January 27, 2012. 03/01/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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