0001062993-24-004734.txt : 20240228
0001062993-24-004734.hdr.sgml : 20240228
20240228160447
ACCESSION NUMBER: 0001062993-24-004734
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240226
FILED AS OF DATE: 20240228
DATE AS OF CHANGE: 20240228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LAVEY RICHARD W
CENTRAL INDEX KEY: 0001275977
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13754
FILM NUMBER: 24695177
MAIL ADDRESS:
STREET 1: THE HANOVER INSURANCE GROUP, INC.
STREET 2: 440 LINCOLN STREET
CITY: WORCESTER
STATE: MA
ZIP: 01653
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HANOVER INSURANCE GROUP, INC.
CENTRAL INDEX KEY: 0000944695
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 043263626
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 440 LINCOLN ST
CITY: WORCESTER
STATE: MA
ZIP: 01653
BUSINESS PHONE: 5088551000
MAIL ADDRESS:
STREET 1: 440 LINCOLN ST
CITY: WORCESTER
STATE: MA
ZIP: 01653
FORMER COMPANY:
FORMER CONFORMED NAME: ALLMERICA FINANCIAL CORP
DATE OF NAME CHANGE: 19950501
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0508
4
2024-02-26
0000944695
HANOVER INSURANCE GROUP, INC.
THG
0001275977
LAVEY RICHARD W
C/O THE HANOVER INSURANCE GROUP, INC.
440 LINCOLN STREET
WORCESTER
MA
01653
0
1
0
0
Executive Vice President
0
Common Stock
2024-02-26
4
A
0
1890
0
A
34289.410
D
Common Stock
2024-02-26
4
A
0
1310
0
A
35599.410
D
Common Stock
2024-02-26
4
F
0
1441
134.610
D
34159.022
D
Common Stock
2024-02-27
4
A
0
2049
0
A
36208.022
D
Common Stock Option (right to buy)
134.26
2024-02-27
4
A
0
9117
0
A
2034-02-27
Common Stock
9117
9117
D
On February 26, 2021, the Reporting Person was granted performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2014 Long-Term Incentive Plan. These PBRSUs were subject to a performance-based vesting condition related to three-year average adjusted return on equity and a three-year time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 26, 2024, the performance condition for this award was certified at 112% of the target award (as adjusted for accumulated dividend equivalent rights), and vested and was paid.
On February 26, 2021, the Reporting Person was granted PBRSUs pursuant to the Issuer's 2014 Long-Term Incentive Plan. These PBRSUs were subject to a performance-based vesting condition related to three-year relative total shareholder return and a three-year time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 26, 2024, the performance condition for this award was certified at 72.73% of the target award (as adjusted for accumulated dividend equivalent rights), and vested and was paid.
Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer and vested on February 26, 2024. In connection with vesting, any fractional shares were rounded up to the next whole share in accordance with the terms of the award agreement.
Grant of restricted stock units under the Issuer's 2022 Long-Term Incentive Plan. Such units vest on the third anniversary of the date of grant.
Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.
/s/ Lindsay L. Katz pursuant to Confirming Statement
2024-02-28