SEC Form 4 · accession 0001127602-17-013085
Voya Financial, Inc. · VOYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney O Martin Jr.
Officer — Chairman and CEO · Director
Period of report
Mar 27, 2017
Accepted (ET)
Mar 28, 2017 · 6:05 pm EDT
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 27, 2017 | M | 19,375 | — | A | 125,121 | D | |
| Common Stock | Mar 27, 2017 | F | 10,816 | $36.98 | D | 114,305 | D | |
| Common StockF2,F3 | Mar 28, 2017 | S | 8,559 | $37.289 | D | 105,746 | D | |
| Common Stock | holding | — | — | — | 4,102 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | — | Mar 27, 2017 | M | 19,375 | D | — | — | Common Stock | 19,375 | 186,514 | D |
| Performance Stock UnitF6,F5 | — | holding | — | — | — | — | — | Common Stock | 227,249 | 227,249 | D |
| Deferred Savings Plan Issuer Stock UnitsF7 | — | holding | — | — | — | — | — | Common Stock | 7,621 | 7,621 | 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 shares being sold are vested equity awards granted in 2013 with respect to the 2012 performance year.
- F3This transaction was executed in multiple trades at prices ranging from $37.2873 to $37.3050. 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 company, or a securityholder of the company, full information regarding the shares sold at each separate price.
- F4The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting 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.
- F7Each 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.