SEC Form 4 · accession 0001127602-18-009950
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
Feb 22, 2018
Accepted (ET)
Mar 5, 2018 · 3:08 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 | Feb 22, 2018 | G | 335 | $0.00 | D | 19,339 | D | |
| Common Stock | Mar 1, 2018 | M | 2,986 | $0.00 | A | 22,325 | D | |
| Common Stock | Mar 1, 2018 | M | 133 | $0.00 | A | 22,458 | D | |
| Common Stock | Mar 1, 2018 | M | 232 | $0.00 | A | 22,690 | D | |
| Common Stock | Mar 1, 2018 | M | 581 | $0.00 | A | 23,271 | 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, 2018 | M | 2,986 | D | — | — | Common Stock | 2,986 | 2,986 | D |
| Restricted Stock UnitsF2 | $0.00 | Mar 1, 2018 | M | 133 | D | — | — | Common Stock | 133 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2018 | M | 232 | D | — | — | Common Stock | 232 | 233 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 1, 2018 | M | 581 | D | — | — | Common Stock | 581 | 1,162 | 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.