0001209191-11-042462.txt : 20110804
0001209191-11-042462.hdr.sgml : 20110804
20110804160421
ACCESSION NUMBER: 0001209191-11-042462
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110803
FILED AS OF DATE: 20110804
DATE AS OF CHANGE: 20110804
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McGreevey Gregory
CENTRAL INDEX KEY: 0001371570
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13958
FILM NUMBER: 111010529
MAIL ADDRESS:
STREET 1: 55 FARMINGTON AVENUE
CITY: HARTFORD
STATE: CT
ZIP: 06105
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
X0304
4
2011-08-03
0
0000874766
HARTFORD FINANCIAL SERVICES GROUP INC/DE
HIG
0001371570
McGreevey Gregory
ONE HARTFORD PLAZA
HARTFORD
CT
06155
0
1
0
0
Executive Vice President
Common Stock
2011-08-03
4
M
0
60127.537
A
60127.537
D
Common Stock
2011-08-03
4
D
0
60127.537
23.42
D
0
D
Restricted Stock Units
42308.1
D
Stock Options
10.32
2018-10-31
Common Stock
37534
37534
D
Stock Options
7.04
2019-02-25
Common Stock
92952
92952
D
Stock Options
28.91
2021-03-01
Common Stock
76673
76673
D
Restricted Units
2012-02-25
Common Stock
45018.499
45018.499
D
Restricted Units
2011-08-03
4
M
0
60127.537
D
2011-07-31
Common Stock
60127.537
0
D
Restricted Units
2013-02-25
Common Stock
40672.434
40672.434
D
Deferred Units
2013-05-03
Common Stock
5544.287
5544.287
D
Each restricted unit was the economic equivalent of one share of the Company's common stock. On August 3, 2011, 60,127.537 of the reporting person's restricted units were settled for cash based upon the closing stock price of the Company's common stock on July 29, 2011.
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) October 31, 2011, three years from the date of the grant. The pricing condition was met on December 18, 2008.
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 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 Hunt, POA for Laura A. Santirocco, POA for Gregory McGreevey by Power of Attorney of Gregory McGreevey dated February 18, 2010
2011-08-04