SEC Form 4 · accession 0001127602-18-016276
Voya Financial, Inc. · VOYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles P Nelson
Officer — See Remarks
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 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 | May 1, 2018 | M | 24,867 | — | A | 45,382 | D | |
| Common Stock | May 1, 2018 | F | 11,467 | $51.51 | D | 33,915 | D | |
| Common StockF2 | May 2, 2018 | P | 13,900 | $50.2474 | A | 47,815 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF3,F4 | — | May 1, 2018 | M | 4,098 | D | — | — | Common Stock | 4,835 | 87,159 | D |
| Performance Stock UnitF5,F4 | — | May 1, 2018 | M | 6,147 | D | — | — | Common Stock | 6,515 | 81,012 | D |
| Performance Stock UnitF6,F4 | — | May 1, 2018 | M | 6,147 | D | — | — | Common Stock | 8,052 | 74,865 | D |
| Restricted Stock UnitsF7 | — | May 1, 2018 | M | 5,465 | D | — | — | Common Stock | 5,465 | 64,800 | D |
| Deferred Savings Plan Issuer Stock UnitsF8 | — | holding | — | — | — | — | — | Common Stock | 1,741 | 1,741 | 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 and performance stock units that were awarded as compensation.
- F2This transaction was executed in multiple trades at prices ranging from $50.22 to $50.26. 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 security holder of the company, full information regarding the shares sold at each separate price.
- F3The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors. The number of shares of common stock delivered upon vesting is 118% of the performance stock units.
- F4The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
- F5The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors. The number of shares of common stock delivered upon vesting is 106% of the performance stock units.
- F6The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors. The number of shares of common stock delivered upon vesting is 131% of the performance stock units.
- F7The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
- F8Each 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.
Remarks
CEO, Retirement and Employee Benefits