0001209191-11-027430.txt : 20110510 0001209191-11-027430.hdr.sgml : 20110510 20110510194639 ACCESSION NUMBER: 0001209191-11-027430 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110506 FILED AS OF DATE: 20110510 DATE AS OF CHANGE: 20110510 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kreczko Alan J CENTRAL INDEX KEY: 0001403442 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13958 FILM NUMBER: 11829880 MAIL ADDRESS: STREET 1: 1 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 2011-05-06 0 0000874766 HARTFORD FINANCIAL SERVICES GROUP INC/DE HIG 0001403442 Kreczko Alan J THE HARTFORD FINANCIAL SERVICES GROUP - ONE HARTFORD PLAZA HARTFORD CT 06155 0 1 0 0 E.V.P. and General Counsel Common Stock 2011-05-06 4 M 0 966.095 A 9861.992 D Common Stock 2011-05-06 4 D 0 966.095 28.58 D 8895.897 D Restricted Stock Units 14753.771 D Stock Options 65.99 2014-02-20 Common Stock 3414 3414 D Stock Options 83.00 2016-02-15 Common Stock 2938 2938 D Stock Options 93.69 2017-02-27 Common Stock 2884 2884 D Stock Options 92.69 2017-07-30 Common Stock 2477 2477 D Stock Options 74.88 2018-02-26 Common Stock 8577 8577 D Stock Options 7.04 2019-02-25 Common Stock 37180 37180 D Stock Option 28.91 2021-03-01 Common Stock 39498 39498 D Restricted Units 2012-02-25 Common Stock 17941.072 17941.072 D Restricted Units 2011-07-31 Common Stock 44859.498 44859.498 D Restricted Units 2013-02-25 Common Stock 23066.727 23066.727 D Deferred Units 2011-05-06 4 M 0 966.095 A 2013-05-03 Common Stock 966.095 1932.191 D Each deferred unit is the economic equivalent of one share of the Company's common stock. On May 6, 2011, 966.095 of the reporting person's deferred units were settled for cash. The option became fully exercisable as of February 18, 2007, the third anniversary of the grant date. The option became fully exercisable on February 15, 2009, the third anniversary of the grant date. The option became fully exercisable on February 27, 2010, the third anniversary of the grant date. The option became fully exercisable on July 30, 2010, three years from the date of the grant. The option became fully exercisable on February 26, 2011, three years from the date of the grant. The option becomes fully exercisable upon the later of: (i) the date on which the closing stock price on the New York Stock Exchange equals or exceeds 125% of the exercise price for 10 consecutive trading days or (ii) February 25, 2012, three years from the date of the grant. The pricing condition was met on April 22, 2009. 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 be settled in cash on the expiration date for an amount equal to the company's closing stock price on the New York Stock Exchange on the expiration date. Each restricted unit will be settled in cash as soon as practicable, and in any event within 90 days, after, July 31, 2011 (the "Valuation Date"). The cash settlement payable per unit shall be equal to the closing stock price per share of the company's common stock on the valuation 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 February 25, 2013 (the "Valuation Date"). The cash settlement payable per unit shall be equal to 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 deferred unit award will be settled in cash as soon as practicable after, 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 Laura A. Santirocco, POA for Alan J. Kreczko by Power of Attorney of Alan J.Kreczko dated February 18, 2010. 2011-05-10