SEC Form 4 · accession 0001127602-16-044775
CINCINNATI FINANCIAL CORP · CINF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin F Hollenbeck
Officer — Sr.VP,Chief Investment Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 3:19 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 | 1,964 | $0.00 | A | 39,108 | D | |
| Common Stock | Mar 1, 2016 | M | 204 | $0.00 | A | 39,312 | D | |
| Common Stock | Mar 1, 2016 | F | 702 | $63.72 | D | 38,610 | D | |
| Common StockF1 | holding | — | — | — | 1,432 | I | By 401(k) |
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 | 1,964 | D | — | — | Common Stock | 1,964 | 11,124 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2016 | M | 204 | D | — | — | Common Stock | 204 | 406 | D |
| Phantom StockF4 | $0.00 | holding | — | — | — | — | — | Common Stock | 4,595 | 4,595 | 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 became payable March 1, 2016. The performance goals were met at the threshold level.
- F3The 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.
- F4The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.