SEC Form 4 · accession 0001127602-17-010064
CINCINNATI FINANCIAL CORP · CINF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Spray
Officer — Sr Vice President - Subsidiary
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 3:34 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, 2017 | M | 3,205 | $0.00 | A | 19,248 | D | |
| Common Stock | Mar 1, 2017 | M | 133 | $0.00 | A | 19,381 | D | |
| Common Stock | Mar 1, 2017 | M | 233 | $0.00 | A | 19,614 | D | |
| Common Stock | Mar 1, 2017 | F | 1,200 | $74.66 | D | 18,414 | 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 UnitsF1 | $0.00 | Mar 1, 2017 | M | 3,205 | D | — | — | Common Stock | 3,205 | 3,205 | D |
| Restricted Stock UnitsF2 | $0.00 | Mar 1, 2017 | M | 133 | D | — | — | Common Stock | 133 | 133 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2017 | M | 233 | D | — | — | Common Stock | 233 | 465 | D |
Explanation of responses
- F1The restricted stock units became payable March 1, 2017. The performance goals were met at the target level.
- F2The restricted stock units vested March 1, 2017, 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 vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2019.