SEC Form 4 · accession 0000944695-15-000076
HANOVER INSURANCE GROUP, INC. · THG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Lavey
Officer — Executive Vice President
Period of report
Jul 31, 2015
Accepted (ET)
Aug 3, 2015 · 5:44 pm EDT
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 | Jul 31, 2015 | M | 16,250 | $48.46 | A | 33,136 | D | |
| Common StockF1 | Jul 31, 2015 | S | 16,250 | $81.2905 | D | 16,886 | D | |
| Common Stock | Jul 31, 2015 | M | 8,000 | $46.47 | A | 24,886 | D | |
| Common StockF2 | Jul 31, 2015 | S | 8,000 | $81.336 | D | 16,886 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F3 | $48.46 | Jul 31, 2015 | M | 16,250 | D | — | Feb 23, 2017 | Common Stock | 16,250 | 0 | D |
| Common Stock Option (right to buy)F4 | $46.47 | Jul 31, 2015 | M | 8,000 | D | — | Feb 28, 2021 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple prices ranging from $81.29 to $81.44, inclusive. The Reporting Person undertakes to provide The Hanover Insurance Group, Inc. ("THG"), any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple prices ranging from $81.09 to $81.50, inclusive. The Reporting Person undertakes to provide THG, any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3The option, representing the right to purchase a total of 16,250 shares, vested 25% on 2/23/08, 25% on 2/23/09, and the remaining 50% vested on 2/23/10.
- F4The option, representing the right to purchase a total of 8,000 shares, vested 50% on 2/28/14, and the remaining 50% vested on 2/28/15.