SEC Form 4 · accession 0000874977-16-000158
State Auto Financial CORP · STFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia A Powell
Officer — Senior Vice President
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874977
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares without par valueF1 | Mar 3, 2016 | A | 1,101 | $0.00 | A | 18,553 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) NQF3,F2 | $21.92 | Mar 3, 2016 | A | 4,795 | A | Mar 3, 2017 | Mar 2, 2026 | Common Shares | 4,795 | 4,795 | D |
Explanation of responses
- F1Includes the following acquisitions: A Restricted Stock Grant of 1,101 shares was issued on 3/3/16 which has a 3 year cliff vest based on service only; 31.519 and 28.734 shares acquired in March 2015, 29.538 and 32.400 shares acquired in June 2015, 28.934 and 31.670 shares acquired in September 2015, and 36.392 and 33.248 shares acquired in December 2015 under the State Auto Financial CP Reinvestment;
- F2The options vest in three equal annual installments beginning on March 3, 2017.
- F3Field should be left blank, but due to a software defect, requires input.