SEC Form 4 · accession 0001127602-18-008242
Voya Financial, Inc. · VOYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael S Smith
Officer — See Remarks
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 9:17 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 | Feb 22, 2018 | M | 6,570 | — | A | 76,165 | D | |
| Common Stock | Feb 22, 2018 | F | 3,535 | $50.71 | D | 72,630 | 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,F3 | — | Feb 21, 2018 | A | 19,039 | A | — | — | Common Stock | 19,039 | 81,166 | D |
| Performance Stock UnitF2,F4 | — | Feb 21, 2018 | A | 22,091 | A | — | — | Common Stock | 22,091 | 80,768 | D |
| Restricted Stock UnitsF5 | — | Feb 22, 2018 | M | 6,570 | D | — | — | Common Stock | 6,570 | 74,596 | 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.
- F2Each stock unit represents a conditional right to receive one share of the company's common stock.
- F31/3 of the restricted stock units will vest on February 21, 2019, 1/3 on February 21, 2020 and 1/3 on February 21, 2021.
- 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 the vesting date (February 21, 2021) can range from 0% to 150% of the number presented above.
- F5The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
Remarks
Executive Vice President and Chief Financial Officer