Sec Form 4 Filing - Paiano Robert W @ HARTFORD FINANCIAL SERVICES GROUP, INC. - 2020-08-04

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
Paiano Robert W
2. Issuer Name and Ticker or Trading Symbol
HARTFORD FINANCIAL SERVICES GROUP, INC. [ HIG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP & Chief Risk Officer
(Last) (First) (Middle)
ONE HARTFORD PLAZA
3. Date of Earliest Transaction (MM/DD/YY)
08/04/2020
(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
Common Stock 08/04/2020 F( 1 ) 4,101 D $ 42.32 36,038.741 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 $ 20.63 ( 2 ) 02/28/2022 Common Stock 20,243 20,243 D
Stock Option $ 24.15 ( 3 ) 03/05/2023 Common Stock 19,794 19,794 D
Stock Option $ 35.83 ( 4 ) 03/04/2024 Common Stock 14,542 14,542 D
Stock Option $ 41.25 ( 5 ) 03/03/2025 Common Stock 14,528 14,528 D
Stock Option $ 43.59 ( 6 ) 03/01/2026 Common Stock 13,138 13,138 D
Stock Option $ 48.89 ( 7 ) 02/28/2027 Common Stock 13,934 13,934 D
Stock Option $ 49.01 ( 8 ) 02/26/2029 Common Stock 34,159 34,159 D
Stock Option $ 53.81 ( 9 ) 02/27/2028 Common Stock 26,702 26,702 D
Stock Option $ 55.27 ( 10 ) 02/25/2030 Common Stock 30,840 30,840 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Paiano Robert W
ONE HARTFORD PLAZA
HARTFORD, CT06155
EVP & Chief Risk Officer
Signatures
/s/ Terence Shields, Attorney-in-Fact 08/05/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Transaction involving a disposition to the Company of equity securities in satisfaction of tax withholding obligations in connection with a distribution to the reporting person of restricted stock units pursuant to The Hartford's 2014 Incentive Stock Plan.
( 2 )The options became fully exercisable on February 28, 2015, the third anniversary of the grant date.
( 3 )The options became fully exercisable on March 5, 2016, the third anniversary of the grant date.
( 4 )The options became fully exercisable on March 4, 2017, the third anniversary of the grant date.
( 5 )The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.
( 6 )The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
( 7 )The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
( 8 )One-third of the options became exercisable on February 26, 2020, an additional one-third of the options will become exercisable on February 26, 2021 and the remaining one-third of the options will become exercisable on February 26, 2022, the third anniversary of the grant date.
( 9 )One-third of the options became exercisable on February 27, 2019, an additional one-third of the options became exercisable on February 27, 2020 and the remaining one-third of the options will become exercisable on February 27, 2021, the third anniversary of the grant date.
( 10 )One-third of the options will become exercisable on February 25, 2021, an additional one-third of the options will become exercisable on February 25, 2022 and the remaining one-third of the options will become exercisable on February 25, 2023, the third anniversary of the grant date.

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