0001209191-11-015244.txt : 20110303
0001209191-11-015244.hdr.sgml : 20110303
20110303184947
ACCESSION NUMBER: 0001209191-11-015244
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110301
FILED AS OF DATE: 20110303
DATE AS OF CHANGE: 20110303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pinkes Andrew J
CENTRAL INDEX KEY: 0001502912
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13958
FILM NUMBER: 11661797
MAIL ADDRESS:
STREET 1: ONE HARTFORD PLAZA
CITY: HARTFORD
STATE: CT
ZIP: 06155
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HARTFORD FINANCIAL SERVICES GROUP INC/DE
CENTRAL INDEX KEY: 0000874766
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
IRS NUMBER: 133317783
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE HARTFORD PLAZA
CITY: HARTFORD
STATE: CT
ZIP: 06155
BUSINESS PHONE: 8605475000
MAIL ADDRESS:
STREET 1: ONE HARTFORD PLAZA
CITY: HARTFORD
STATE: CT
ZIP: 06155
FORMER COMPANY:
FORMER CONFORMED NAME: ITT HARTFORD GROUP INC /DE
DATE OF NAME CHANGE: 19930328
4
1
doc4.xml
FORM 4 SUBMISSION
X0303
4
2011-03-01
0
0000874766
HARTFORD FINANCIAL SERVICES GROUP INC/DE
HIG
0001502912
Pinkes Andrew J
THE HARTFORD
ONE HARTFORD PLAZA
HARTFORD
CT
06155
0
1
0
0
Executive Vice President
Restricted Stock Units
2011-03-01
4
A
0
8647.527
28.91
A
24257.422
D
Common Stock
2011-03-01
4
M
0
10799
7.04
A
14475.597
D
Common Stock
2011-03-01
4
S
0
13354.595
29.89
D
1121.002
D
Stock Option
37.37
2013-02-22
Common Stock
706
706
D
Stock Option
65.99
2014-02-20
Common Stock
1594
1594
D
Stock Option
83.00
2016-02-15
Common Stock
2938
2938
D
Stock Option
93.69
2017-02-27
Common Stock
3650
3650
D
Stock Option
74.88
2018-02-26
Common Stock
4832
4832
D
Stock Option
7.04
2011-03-01
4
M
0
10799
7.04
D
2019-02-25
Common Stock
10799
7305
D
Stock Option
28.91
2011-03-01
4
A
0
23234
0.00
A
2021-03-01
Common Stock
23234
23234
D
Restricted Units
2012-02-25
Common Stock
10653.314
10653.314
D
Restricted Units
2012-11-05
Common Stock
6867.949
6867.949
D
Restricted Units
2013-02-25
Common Stock
15413.709
15413.709
D
Deferred Units
2011-11-05
Common Stock
992.48
992.48
D
Deferred Units
2012-02-25
Common Stock
1470.286
1470.286
D
Deferred Units
2013-05-03
Common Stock
822.602
822.602
D
Transaction effected pursuant to a pre-planned trading plan entered into on 11/11/2010 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $29.84 to $30.00 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.
All options became exercisable as of February 20, 2006, the third anniversary of the grant date.
All options became exercisable as of February 18, 2007, the third anniversary of the grant date.
All options became exercisable as of February 15, 2009, the third anniversary of the grant date.
All options became exercisable as of February 27, 2010, the third anniversary of the grant date.
All options became exercisable as of February 26, 2011, the third anniversary of the grant date.
One third of the option became exercisable on February 25, 2010, an additional one third, became exercisable on February 25, 2011, and the remaining one-third will become exercisable on February 25, 2012, the third anniversary of the grant date.
One third of the option will become 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.
Each restricted unit will vest on the expiration date and be settled in cash immediately following the expiration date for an amount equal to the closing price per share of the Company's common stock on the expiration date as reported on the New York Stock Exchange.
Each restricted unit will be settled in cash as soon as practicable and in any event within 90 days, after November 05, 2012 (the "Valuation Date"). The cash settlement payable per unit shall be equal the closing stock price per share of the Company's common stock on the Valuation Date as reported on the New York Stock Exchange.
One-third of the restricted unit award will be settled in cash on the first, second and third anniversaries of the grant date (February 25, 2010) based on the Company's closing stock price on the New York Stock Exchange on the applicable anniversary date. Each tranche of the award is subject to a one year holding period from the date of settlement.
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 (November 5, 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.
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 (February 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.
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 {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.
/s/ Donald C. Hunt, POA for Andrew J. Pinkes by Power of Attorney of Andrew J. Pinkes dated October 6, 2010.
2011-03-03