Sec Form 4 Filing - Andrade Juan C @ HARTFORD FINANCIAL SERVICES GROUP INC/DE - 2010-08-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Andrade Juan C
2. Issuer Name and Ticker or Trading Symbol
HARTFORD FINANCIAL SERVICES GROUP INC/DE [ HIG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
THE HARTFORD FINANCIAL SERVICES GROUP, ONE HARTFORD PLAZA
3. Date of Earliest Transaction (MM/DD/YY)
08/06/2010
(Street)
HARTFORD, CT06155
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock Units 08/06/2010 A 33,318.525 A $ 22.51 34,811.719 D
Restricted Stock 3,600 D
Common Stock 3,434.726 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 83.27 ( 1 ) 02/27/2016 Common Stock 4,713 4,713 D
Stock Option $ 93.69 ( 2 ) 02/27/2017 Common Stock 3,387 3,387 D
Stock Option $ 74.88 ( 3 ) 02/26/2018 Common Stock 4,516 4,516 D
Stock Option $ 7.04 ( 4 ) 02/25/2019 Common Stock 13,151 13,151 D
Restricted Units ( 5 ) ( 5 ) 02/25/2012( 5 ) Common Stock ( 5 ) 8,409.142 ( 5 ) 8,409.142 D
Restricted Units ( 6 ) ( 6 ) 11/05/2012( 6 ) Common Stock ( 6 ) 6,465.579 ( 6 ) 6,465.579 D
Restricted Units ( 7 ) ( 7 ) 02/25/2013( 7 ) Common Stock ( 7 ) 34,237.453 ( 7 ) 34,237.453 D
Deferred Units ( 8 ) ( 8 ) 11/05/2011( 8 ) Common Stock ( 8 ) 5,243.298 ( 8 ) 5,243.298 D
Deferred Units ( 9 ) ( 9 ) 02/25/2012( 9 ) Common Stock ( 9 ) 7,772.527 ( 9 ) 7,772.527 D
Deferred Units ( 10 ) ( 10 ) 05/03/2012( 10 ) Common Stock ( 10 ) 6,517.552 ( 10 ) 6,517.552 ( 10 ) D
Deferred Units ( 11 ) 08/06/2010 A 2,850.585 ( 11 ) 08/06/2013( 11 ) Common Stock ( 11 ) 2,850.585 ( 10 ) $ 0 2,850.585 ( 10 ) D
Deferred Units ( 11 ) 08/06/2010 F( 12 ) 68.889 ( 11 ) ( 11 ) Common Stock ( 11 ) 68.889 ( 11 ) $ 0 2,781.696 ( 11 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Andrade Juan C
THE HARTFORD FINANCIAL SERVICES GROUP
ONE HARTFORD PLAZA
HARTFORD, CT06155
Executive Vice President
Signatures
/s/ Leslie T. Soler, by POA for Laura A. Santirocco, POA for Juan C. Andrade dated February 18, 2010. 08/10/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option became fully exercisable on February 27, 2009, the third anniversary of the grant date.
( 2 )The option became fully exercisable as of February 27, 2010, the third anniversary of the grant date.
( 3 )One-third of the option became exercisable on February 26, 2009, an additional one-third of the option became exercisable on February 26, 2010 and the remaining one-third of the option will become exercisable on February 26, 2011, the third anniversary of the grant date.
( 4 )One third of the option became exercisable on February 25, 2010, an additional one third of the option will become exercisable on February 25, 2011 and the remaining one-third of the option will become exercisable on February 25, 2012, the third anniversary of the grant date.
( 5 )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.
( 6 )Each restricted unit will be settled in cash as soon as practicable, and in any event within 90 days, after November 5, 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.
( 7 )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 the closing stock price per share of the company's common stock on the Valuation Date as reported on the New York Stock Exchange.
( 8 )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.
( 9 )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.
( 10 )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.
( 11 )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 (August 6, 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.
( 12 )Transaction involving a disposition to the company of deferred units in satisfaction of tax obligations in connection with vesting of deferred units.

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