SEC Form 4 · accession 0000944695-15-000021
HANOVER INSURANCE GROUP, INC. · THG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Stuchbery
Officer — President & CEO, Chaucer
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000944695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 26, 2015 | A | 4,962 | $0.00 | A | 35,007 | D | |
| Common Stock | Feb 26, 2015 | F | 2,333 | $70.86 | D | 32,674 | D | |
| Common Stock | Feb 26, 2015 | A | 5,513 | $0.00 | A | 38,187 | D | |
| Common Stock | Feb 26, 2015 | F | 2,592 | $70.86 | D | 35,595 | D | |
| Common StockF4 | Feb 26, 2015 | F | 1,481 | $70.86 | D | 34,114 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 26, 2013, the Reporting Person was granted 3,675 (target) performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2006 Long-Term Incentive Plan (the "2006 Plan"). The PBRSUs were subject to both performance-based and time-based vesting conditions. On February 26, 2015, (i) the performance condition was certified at 135% of the target award vesting the performance condition of the PBRSUs, and (ii) the time-based vesting condition was satisfied, resulting in the vesting of the award at the amount shown in Column 4.
- F2On February 26, 2013, the Reporting Person was granted 3,675 (target) PBRSUs pursuant to the 2006 Plan. The PBRSUs were subject to both performance-based and time-based vesting conditions. On February 26, 2015, (i) the performance condition was certified at 150% of the target award vesting the performance condition of the PBRSUs, and (ii) the time-based vesting condition was satisfied, resulting in the vesting of the award at the amount shown in Column 4.
- F3Represents shares that were forfeited to pay withholding taxes upon the vesting of time-based restricted stock units that were previously granted by the Issuer.
- F4Does not include 484 shares held indirectly by the Trustee of the Chaucer Share Incentive Plan.