FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 07/01/2010 |
3. Issuer Name and Ticker or Trading Symbol
HARTFORD FINANCIAL SERVICES GROUP INC/DE [ HIG ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 518.395 | D | |
Restricted Stock | 5,200 | D | |
Restricted Stock Units | 3,923.197 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Units | (1) | 11/05/2012 | Common Stock | 9,051.81 | $24.12 | D | |
Restricted Units | (1) | 02/25/2013 | Common Stock | 19,634.972 | $24.34 | D | |
Restricted Units | (2) | 02/25/2012 | Common Stock | 13,271.244 | $7.04 | D | |
Deferred Units | (3) | 11/05/2011 | Common Stock | 1,225.48 | $24.12 | D | |
Deferred Units | (4) | 02/25/2012 | Common Stock | 1,818.026 | $24.34 | D | |
Deferred Units | (5) | 05/03/2013 | Common Stock | 1,500.168 | $28.99 | D | |
Stock Option | (6) | 02/20/2014 | Common Stock | 2,466 | $65.99 | D | |
Stock Option | (7) | 02/25/2019 | Common Stock | 16,753 | $7.04 | D |
Explanation of Responses: |
1. Each restricted unit will vest on the expiration date and be settled in cash as soon as practicable, and in any event within 90 days, after the expiration date for an amount equal to the closing stock price per share of the company's common stock on the expiration date as reported on the New York Stock Exchange. |
2. Each restricted unit will vest on the expiration date and be settled in cash immediately following the expiration date for an amount equal the closing stock price per share of the company's common stock on the expiration date as reported on the New York Stock Exchange. |
3. Each deferred unit will be settled in cash as soon as practicable, and in any event within 90 days, after the second anniversary of the grant date (11/05/2009) for an amount equal to the company's closing stock price on the New York Stock Exchange on the settlement date. Deferred units are fully vested when credited. |
4. Each deferred unit will be settled in cash as soon as practicable, and in any event within 90 days, after the second anniversary of the grant date (2/25/2010) for an amount equal to the company's closing stock price on the New York Stock Exchange on the settlement date. Deferred units are fully vested when credited. |
5. One-third of the deferred unit award will be settled in cash as soon as practicable, and in any event within 90 days, after the first, second and third anniversaries of the grant date (5/03/2010) 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. |
6. All options became exercisable as of February 18, 2007. |
7. 7,618 options will become exercisable on February 25, 2011 and 9,135 options will become exercisable on February 25, 2012. |
Remarks: |
/s/ Leslie Soler, POA for Ricardo A. Anzaldua, POA for David N. Levenson by Power of Attorney of David N. Levenson dated July 7, 2010. | 07/12/2010 | |
** 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 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |