SEC Form 4 · accession 0000021175-17-000013
CNA FINANCIAL CORP · CNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Pontarelli
Officer — Former EVP & Chief Admin Off
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 2:00 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 7, 2017 | M | 236 | $42.53 | A | 58,316 | D | |
| Common Stock | Feb 7, 2017 | S | 236 | $42.58 | D | 58,080 | 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 | $41.86 | Feb 7, 2017 | M | 15,000 | D | — | Feb 7, 2017 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The Reporting Person exercised 15,000 Stock Appreciation Rights and as such received a gain of 236 shares of the issuers common stock.
- F2A previously reported, the Stock Appreciation Rights became exercisable in four equal annual installments beginning on February 7, 2008.
- F3As previously reported, the Reporting Person received the Derivative Security pursuant to a grant of stock appreciation rights at no cost.