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