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*
ELLIOT DOUGLAS G

(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. [ HIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2020
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 12/31/2020 M 128,535 A $24.15 316,724.015 D
Common Stock 12/31/2020 S(1) 128,535 D $49 188,189.015 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 Option $24.15 12/31/2020 M 128,535 (2) 03/05/2023 Common Stock 128,535 $0.0000 0.0000 D
Stock Option $35.83 (3) 03/04/2024 Common Stock 94,429 94,429 D
Stock Option $41.25 (4) 03/03/2025 Common Stock 207,547 207,547 D
Stock Option $43.59 (5) 03/01/2026 Common Stock 190,486 190,486 D
Stock Option $48.89 (6) 02/28/2027 Common Stock 201,939 201,939 D
Stock Option $49.01 (7) 02/26/2029 Common Stock 219,898 219,898 D
Stock Option $53.81 (8) 02/27/2028 Common Stock 178,012 178,012 D
Stock Option $55.27 (9) 02/25/2030 Common Stock 204,703 204,703 D
Explanation of Responses:
1. The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Mr. Elliot on September 2, 2020, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
2. The options became fully exercisable on March 5, 2016, the third anniversary of the grant date.
3. The options became fully exercisable on March 4, 2017, the third anniversary of the grant date.
4. The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
5. The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
6. The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
7. One-third of the options became exercisable on February 26, 2020, an additional one-third of the options will become exercisable on February 26, 2021 and the remaining one-third of the options will become exercisable on February 26, 2022, the third anniversary of the grant date.
8. One-third of the options became exercisable on February 27, 2019, an additional one-third of the options became exercisable on February 27, 2020 and the remaining one-third of the options will become exercisable on February 27, 2021, the third anniversary of the grant date.
9. One-third of the options will become exercisable on February 25, 2021, an additional one-third of the options will become exercisable on February 25, 2022 and the remaining one-third of the options will become exercisable on February 25, 2023, the third anniversary of the grant date.
/s/ Anthony J. Salerno, Attorney-in-Fact 01/04/2021
** 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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