SEC Form 4 · accession 0000021175-16-000117
CNA FINANCIAL CORP · CNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas F Motamed
Officer — Chairman and CEO · Director
Period of report
Feb 2, 2016
Accepted (ET)
Feb 3, 2016 · 2:55 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 StockF1 | Feb 2, 2016 | A | 120,967 | $0.00 | A | 787,081 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Common stock represents the underlying security of restricted stock units granted to the reporting person, each restricted stock unit representing a contingent right to receive one share of CNA Financial Corporation common stock. The restricted stock units were awarded on March 18, 2015 based on performance throughout 2015 and approved for distribution on February 2, 2016 in equal installments on each of the first four anniversaries of the grant date (March 18, 2015); provided, however, that no restricted stock unit shall vest on such vesting date unless the reporting person has been continuously employed by CNA Financial Corporation from the grant date until such vesting date except as otherwise specified in award terms and employment agreement.