SEC Form 4 · accession 0000944695-16-000157
HANOVER INSURANCE GROUP, INC. · THG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johan Slabbert
Officer — CEO, Chaucer
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 10:49 am 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 StockF2 | Mar 14, 2016 | A | 3,976 | $0.00 | A | 9,421 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 24, 2013, the Reporting Person was granted 2,945 (target) performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2006 Long-Term Incentive Plan. The PBRSUs were subject to both performance-based and time-based vesting conditions. On March 14, 2016, the performance condition for this award was certified at 135% of the target award, vesting the performance condition of the PBRSUs and converting the award into a restricted stock unit for the number of shares indicated. The restricted stock unit will vest 100% on the third anniversary of the original PBRSU grant date.
- F2Does not include 247 shares held indirectly by the Trustee of The Chaucer Share Incentive Plan.