SEC Form 4 · accession 0001127602-15-008086
Unum Group · UNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas R Watjen
Officer — President and CEO · Director
Period of report
Feb 21, 2015
Accepted (ET)
Feb 24, 2015 · 7:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000005513
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 21, 2015 | F | 15,842 | $33.99 | D | 391,448 | D | |
| Common StockF4,F5 | Feb 21, 2015 | F | 7,821 | $33.99 | D | 383,627 | D | |
| Common StockF6 | Feb 21, 2015 | M | 40,005 | $0.00 | A | 423,632 | D | |
| Common StockF5 | Feb 21, 2015 | D | 40,005 | $33.99 | D | 383,627 | D | |
| Common StockF7 | Feb 21, 2015 | M | 19,749 | $0.00 | A | 403,376 | D | |
| Common StockF5 | Feb 21, 2015 | D | 19,749 | $33.99 | D | 383,627 | D | |
| Common Stock | holding | — | — | — | 13,621 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF9,F11,F8,F10 | — | Feb 21, 2015 | M | 40,005 | D | — | — | Common Stock | 40,005 | 0 | D |
| Restricted Stock UnitsF12,F14,F8,F13 | — | Feb 21, 2015 | M | 19,749 | D | — | — | Common Stock | 19,749 | 19,748 | D |
Explanation of responses
- F1Shares withheld to satisfy tax withholding obligation applicable to the vesting of 40,004.832 stock-settled RSUs (as defined in footnote (2) below).
- F10The 2012 cash-settled RSUs vest in three equal annual installments beginning on February 21, 2013. Vested units are to be settled within 30 days after the vesting date.
- F11Beneficial ownership amount accounts for the exempt acquisitions of a total of 748.195 dividend equivalent rights on the 2012 cash-settled RSUs pursuant to the reinvestment of dividends after February 21, 2014. The rights accrued when and as dividends were paid on shares underlying the 2012 cash-settled RSUs and became vested proportionately with and subject to settlement upon the same terms as the 2012 cash-settled RSUs to which they related. Each dividend equivalent right is the economic equivalent of one share of common stock of the issuer.
- F12Represents the portion of the cash-settled RSUs granted on February 21, 2013 (the "2013 cash-settled RSUs") that vested on February 21, 2015, including a total of 757.836 dividend equivalent rights accrued thereon.
- F13The 2013 cash-settled RSUs vest in three equal annual installments beginning on February 21, 2014. Vested units are to be settled within 30 days after the vesting date.
- F14Beneficial ownership amount accounts for the exempt acquisitions of a total of 738.690 dividend equivalent rights on the 2013 cash-settled RSUs pursuant to the reinvestment of dividends after February 21, 2014. The rights accrued when and as dividends were paid on shares underlying the 2013 cash-settled RSUs and became vested proportionately with and subject to settlement upon the same terms as the 2013 cash-settled RSUs to which they related. Each dividend equivalent right is the economic equivalent of one share of common stock of the issuer.
- F2Includes 83,889 restricted stock units, which may be settled, on a 1-for-1 basis, only in shares of common stock ("stock-settled RSUs"), and 307,559 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
- F3Beneficial ownership amount accounts for the exempt acquisition of an aggregate of 598.520 stock-settled RSUs pursuant to the reinvestment of dividends since the date of the reporting person's prior Form 4.
- F4Shares withheld to satisfy tax withholding obligation applicable to the vesting of 19,748.836 stock-settled RSUs.
- F5Includes 64,140 stock-settled RSUs and 319,487 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
- F6Includes 64,140 stock-settled RSUs and 359,492 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
- F7Includes 64,140 stock-settled RSUs and 339,236 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
- F8The restricted stock units may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of common stock of the issuer.
- F9Represents the portion of the cash-settled RSUs granted on February 21, 2012 (the "2012 cash-settled RSUs") that vested on February 21, 2015, including a total of 2,530.832 dividend equivalent rights accrued thereon.