SEC Form 4 · accession 0001127602-18-009898
CINCINNATI FINANCIAL CORP · CINF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa C Cracas
Officer — Sr VP, Chief Risk Off. - Sub
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 2:24 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, 2018 | M | 2,764 | $0.00 | A | 21,728 | D | |
| Common Stock | Mar 1, 2018 | M | 123 | $0.00 | A | 21,851 | D | |
| Common Stock | Mar 1, 2018 | M | 218 | $0.00 | A | 22,069 | D | |
| Common Stock | Mar 1, 2018 | M | 522 | $0.00 | A | 22,591 | D | |
| Common Stock | Mar 1, 2018 | F | 1,101 | $74.18 | D | 21,490 | D | |
| Common Stock | holding | — | — | — | 2,204 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Mar 1, 2018 | M | 2,764 | D | — | — | Common Stock | 2,764 | 2,764 | D |
| Restricted Stock UnitsF2 | $0.00 | Mar 1, 2018 | M | 123 | D | — | — | Common Stock | 123 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2018 | M | 218 | D | — | — | Common Stock | 218 | 218 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 1, 2018 | M | 522 | D | — | — | Common Stock | 522 | 1,219 | D |
Explanation of responses
- F1The restricted stock units became payable March 1, 2018. The performance goals were met at the target level.
- F2The restricted stock units vested March 1, 2018, 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, 2018, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2019.
- F4The restricted stock units vested March 1, 2018, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2020.