SEC Form 4 · accession 0000944695-18-000052
HANOVER INSURANCE GROUP, INC. · THG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Joseph Welzenbach
Officer — Executive Vice President
Period of report
May 4, 2018
Accepted (ET)
May 8, 2018 · 10:09 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 Stock | May 4, 2018 | M | 4,800 | $70.24 | A | 30,213 | D | |
| Common StockF1 | May 4, 2018 | S | 4,800 | $115.5867 | D | 25,413 | D | |
| Common Stock | May 4, 2018 | M | 4,723 | $82.74 | A | 30,136 | D | |
| Common StockF2 | May 4, 2018 | S | 4,723 | $115.5873 | D | 25,413 | D | |
| Common Stock | May 4, 2018 | M | 5,710 | $91.19 | A | 31,123 | D | |
| Common StockF3 | May 4, 2018 | S | 5,710 | $115.589 | D | 25,413 | 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)F4 | $70.24 | May 4, 2018 | M | 4,800 | D | — | Feb 27, 2025 | Common Stock | 4,800 | 0 | D |
| Common Stock Option (right to buy)F5 | $82.74 | May 4, 2018 | M | 4,723 | D | — | Feb 23, 2026 | Common Stock | 4,723 | 4,724 | D |
| Common Stock Option (right to buy)F6 | $91.19 | May 4, 2018 | M | 5,710 | D | — | Feb 24, 2027 | Common Stock | 5,710 | 11,420 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple prices ranging from $115.32 to $116.15, 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 $115.36 to $116.12, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple prices ranging from $115.32 to $116.14, 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.
- F4The option, representing the right to purchase a total of 14,400 shares, vested 1/3 on each of 2/27/16, 2/27/17 and 2/27/18.
- F5The option, representing the right to purchase a total of 14,170 shares, vested 1/3 on each of 2/23/17 and 2/23/18, and the remaining 1/3 will vest on 2/23/19.
- F6The option, representing the right to purchase a total of 17,130 shares, vested 1/3 on 2/24/18, and 1/3 will vest on each of 2/24/19 and 2/24/20.