SEC Form 4 · accession 0000021175-15-000018
CNA FINANCIAL CORP · CNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Craig Mense
Officer — EVP & CFO
Period of report
Feb 11, 2015
Accepted (ET)
Feb 12, 2015 · 3:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000021175
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 11, 2015 | M | 25,000 | $30.98 | A | 54,507 | D | |
| Common StockF1 | Feb 11, 2015 | S | 25,000 | $42.09 | D | 29,507 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3,F2 | $30.98 | Feb 11, 2015 | M | 25,000 | D | — | Feb 8, 2016 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $41.80 to $42.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2As previously reported, the Stock Appreciation Rights became exercisable in four equal annual installments beginning on February 8, 2007.
- F3As previously reported, the Reporting Person received the Derivative Security pursuant to a grant of stock appreciation rights at no cost.