SEC Form 4 · accession 0001127602-15-008716

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 24, 2015

Accepted (ET)

Feb 26, 2015 · 8:39 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 Stock^F1,F2	Feb 24, 2015	A	44,014	$0.00	A	427,641	D
Common Stock^F3	Feb 25, 2015	M	14,796	$0.00	A	442,437	D
Common Stock^F2	Feb 25, 2015	D	14,796	$34.08	D	427,641	D
Common Stock^F4,F5	Feb 25, 2015	F	5,860	$33.88	D	421,781	D
Common Stock^F7,F8	Feb 25, 2015	S	37,767	$33.8749	D	384,014	D
Common Stock	holding	—	—		—	13,619	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 Units^F9,F10	—	Feb 24, 2015	A	44,014	A	—	—	Common Stock	44,014	44,014	D
Restricted Stock Units^{F11,F13,F9,F12}	—	Feb 25, 2015	M	14,796	D	—	—	Common Stock	14,796	29,597	D

Explanation of responses

F1All are restricted stock units, which may be settled, on a 1-for-1 basis, only in shares of common stock ("stock-settled RSUs"), and which vest in three equal annual installments beginning on February 24, 2016.
F10The 2015 cash-settled RSUs vest in three equal annual installments beginning on February 24, 2016. Vested units are to be settled within 30 days after the vesting date.
F11Represents the portion of the cash-settled RSUs granted on February 25, 2014 (the "2014 cash-settled RSUs") that vested on February 25, 2015, including a total of 275.719 dividend equivalent rights accrued thereon.
F12The 2014 cash-settled RSUs vest in three equal annual installments beginning on February 25, 2015. Vested units are to be settled within 30 days after the vesting date.
F13Beneficial ownership amount accounts for the exempt acquisitions of a total of 830.251 dividend equivalent rights on the 2014 cash-settled RSUs pursuant to the reinvestment of dividends after February 25, 2014. The rights accrued when and as dividends were paid on shares underlying the 2014 cash-settled RSUs and became vested proportionately with and subject to settlement upon the same terms as the 2014 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 108,154 stock-settled RSUs and 319,487 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
F3Includes 122,950 stock-settled RSUs and 319,487 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
F4Shares withheld to satisfy tax withholding obligation applicable to the vesting of 14,795.719 stock-settled RSUs.
F5Includes 93,358 stock-settled RSUs and 328,423 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
F6These sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2014.
F7Reflects the weighted average price for multiple sale transactions ranging in price from $33.78 per share to $34.15 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F8Includes 93,358 stock-settled RSUs and 290,656 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
F9The 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.