SEC Form 4 · accession 0001127602-17-010955
Voya Financial, Inc. · VOYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles P Nelson
Officer — CEO, Retirement
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 9:07 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 | Mar 7, 2017 | M | 8,373 | — | A | 11,975 | D | |
| Common Stock | Mar 7, 2017 | F | 3,408 | $41.09 | D | 8,567 | 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 UnitsF2 | — | Mar 7, 2017 | M | 8,373 | D | — | — | Common Stock | 8,373 | 71,380 | D |
| Performance Stock UnitF3,F4 | — | holding | — | — | — | — | — | Common Stock | 66,681 | 66,681 | D |
| Deferred Savings Plan Issuer Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 1,084 | 1,084 | D |
Explanation of responses
- F1Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted stock units that were awarded as compensation.
- F2The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
- F3The stock units will vest based on their respective award agreements.
- F4The 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 vesting can range from 0% to 150% of the number presented above.
- F5Each of these units represents a right to receive the cash value of one share of the company's common stock upon the reporting person's separation from the company. The reporting person may reallocate investments in these units to alternative investments in the future.