SEC Form 4 · accession 0001127602-16-067022
Voya Financial, Inc. · VOYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy Ferrara
Officer — See Remarks
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 5:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001535929
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 11, 2016 | S | 1,395 | $35.6746 | D | 17,915 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2,F4 | — | Nov 10, 2016 | A | 8,384 | A | — | — | Common Stock | 8,384 | 26,142 | D |
| Performance Stock UnitF5,F6 | — | holding | — | — | — | — | — | Common Stock | 9,608 | 9,608 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $35.67 to $35.68. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- F2Each stock unit represents a conditional right to receive one share of the company's common stock.
- F3The number of stock units granted was determined by reference to the closing price of a share of the company's common stock on November 10, 2016, the date of the grant.
- F41/3 of the restricted stock units will vest on the first, second and third anniversary of the grant date.
- F5The stock units will vest based on their respective award agreements.
- F6The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date can range from 0% to 150% of the number presented above.
Remarks
Executive Vice President of Operations and Continuous Improvement (CI)