SEC Form 4 · accession 0001127602-18-009942
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, 2018
Accepted (ET)
Mar 5, 2018 · 3:02 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 | 8,087 | $0.00 | A | 94,376 | I | By Trust |
| Common Stock | Mar 1, 2018 | M | 277 | $0.00 | A | 94,653 | I | By Trust |
| Common Stock | Mar 1, 2018 | M | 484 | $0.00 | A | 95,137 | I | By Trust |
| Common Stock | Mar 1, 2018 | M | 1,092 | $0.00 | A | 96,229 | I | By Trust |
| Common Stock | Mar 1, 2018 | F | 2,911 | $74.18 | D | 93,318 | I | By Trust |
| Common StockF1 | holding | — | — | — | 3,078 | 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, 2018 | M | 8,087 | D | — | — | Common Stock | 8,087 | 8,087 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2018 | M | 277 | D | — | — | Common Stock | 277 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 1, 2018 | M | 484 | D | — | — | Common Stock | 484 | 484 | D |
| Restricted Stock UnitsF5 | $0.00 | Mar 1, 2018 | M | 1,092 | D | — | — | Common Stock | 1,092 | 2,182 | 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, 2018. The performance goals were met at the target level.
- 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, 2018.
- 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, 2019.
- F5The 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.