SEC Form 4 · accession 0001127602-16-044765
CINCINNATI FINANCIAL CORP · CINF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J F Scherer
Officer — EVP & Chief Ins. Off. - Sub
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 3:14 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 | Mar 1, 2016 | M | 277 | $0.00 | A | 73,755 | I | By Trust |
| Common Stock | Mar 1, 2016 | M | 2,700 | $0.00 | A | 76,455 | I | By Trust |
| Common Stock | Mar 1, 2016 | F | 964 | $63.72 | D | 75,491 | I | By Trust |
| Common StockF1 | holding | — | — | — | 2,897 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 50,413 | I | By Spouse's Trust |
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 | $0.00 | Mar 1, 2016 | M | 277 | D | — | — | Common Stock | 277 | 553 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2016 | M | 2,700 | D | — | — | Common Stock | 2,700 | 15,296 | D |
Explanation of responses
- F1The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.
- F2The restricted stock units vested March 1, 2016, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2018.
- F3The restricted stock units became payable March 1, 2016. The performance goals were met at the threshold level.