SEC Form 4 · accession 0000021175-15-000045
CNA FINANCIAL CORP · CNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Pontarelli
Officer — EVP & Chief Admin Officer
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 3:11 pm EDT
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 StockF1 | Mar 13, 2015 | A | 30,896 | $40.84 | A | 45,210 | D | |
| Common Stock | Mar 13, 2015 | F | 14,119 | $40.84 | D | 31,091 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Company's Incentive Compensation Plan (as amended as of January 1, 2010) provides for the issuance of CNA Financial Corporation's common stock under the Long-Term Incentive Plan based upon achievement of predetermined financial goals over a three year period. For 2012-2014 performance period, Mr. Pontarelli was awarded 30,896 shares of CNA Financial Corporation's common stock.
- F2The Company's Incentive Compensation Plan (as amended as of January 1, 2010) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.