SEC Form 4 · accession 0001127602-16-041300
CINCINNATI FINANCIAL CORP · CINF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth W Stecher
Officer — Chairman · Director
Period of report
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 2:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020286
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 78,215 | D | ||
| Common Stock | holding | — | — | — | 44,158 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $61.47 | Feb 12, 2016 | A | 5,492 | A | Feb 12, 2017 | Feb 12, 2026 | Common Stock | 5,492 | 5,492 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 12, 2016 | A | 10,984 | A | — | — | Common Stock | 10,984 | 10,984 | D |
| Restricted Stock UnitsF3 | $0.00 | Feb 12, 2016 | A | 916 | A | — | — | Common Stock | 916 | 916 | D |
Explanation of responses
- F1The option vests in three annual installments beginning on the first anniversary of the date of grant.
- F2The restricted stock units vest March 1, 2019, as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest.
- F3The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met.