SEC Form 4 · accession 0000944695-16-000130
HANOVER INSURANCE GROUP, INC. · THG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Joseph Welzenbach
Officer — Senior Vice President
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 12:52 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 16, 2016 | M | 4,850 | $36.81 | A | 25,344 | D | |
| Common StockF1 | Feb 16, 2016 | S | 4,850 | $82.1248 | D | 20,494 | D | |
| Common Stock | Feb 17, 2016 | M | 1,400 | $36.81 | A | 21,894 | D | |
| Common Stock | Feb 17, 2016 | S | 1,400 | $82.05 | D | 20,494 | 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)F2 | $36.81 | Feb 16, 2016 | M | 4,850 | D | — | Jan 20, 2022 | Common Stock | 4,850 | 1,400 | D |
| Common Stock Option (right to buy)F2 | $36.81 | Feb 17, 2016 | M | 1,400 | D | — | Jan 20, 2022 | Common Stock | 1,400 | 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 $82.05 to $82.28, 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 option, representing the right to purchase a total of 12,500 shares, vested 50% on 1/20/15, and the remaining 50% vested on 1/20/16.