Paiano Robert W's Form 4 filing
Hartford Insurance Group, Inc. (HIG) · filed Feb 22, 2023
- Accession no.
- 0001225208-23-002568
- Filed
- Feb 22, 2023
- Trade date
- Feb 20-22, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 3 derivative transactions. Open-market sales total $1.13M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Paiano Robert WCIK 0001709978 | Officer (EVP & Chief Risk Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 20, 2023 | Common Stock | MOption exerciseAcquired | +9,462.57 | $0.00F1 | $0 | 46,628.96 | Direct | |
| Feb 21, 2023 | Common Stock | MOption exerciseAcquired | +14,542 | $35.83 | +$521,039.86 | 61,170.96 | Direct | |
| Feb 21, 2023 | Common Stock | SSaleDisposed | −14,542 | $77.38F2 | −$1,125,259.96 | 46,628.96 | Direct | |
| Feb 22, 2023 | Common Stock | FTax withholdingDisposed | −4,385 | $78.45F4 | −$344,003.25 | 42,243.96 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 20, 2023 | Common Stock | AGrant or awardAcquired | +9,462.57 | $0.00 | $0 | 9,462.57 | Direct | |
| Feb 20, 2023 | Common Stock | MOption exerciseDisposed | −9,462.57 | $0.00 | $0 | 0 | Direct | |
| Feb 21, 2023 | Common Stock | MOption exerciseDisposed | −14,542 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On February 20, 2023, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2020 through December 31, 2022 performance period. The performance shares were paid in shares of the Company's common stock.
Referenced by the price of 1 transaction in Table I.
- F2
Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $77.35 - $77.45 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F4
The closing price of the Company's common stock on February 17, 2023, the last trading day prior to certification.
Referenced by the price of 1 transaction in Table I.