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CINCINNATI FINANCIAL CORP Director's Dealing 2014

Mar 5, 2014

30222_dirs_2014-03-05_953619c2-5a0d-45e4-b7d3-f8a459cd38aa.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
Period of Report: 2014-03-03

Reporting Person: Hollenbeck Martin F (Sr.VP,Chief Investment Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-03 Common Stock M 4139 Acquired 32403 Direct
2014-03-03 Common Stock F 1340 $46.49 Disposed 31063 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-03 Restricted Stock Units $0 M 4139 Disposed Common Stock (4139) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1326 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $0 Common Stock (4253) 4253 Direct

Footnotes

F1: The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.

F2: The restricted stock units became payable on March 3, 2014. The performance goals were met at the maximum level.

F3: The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.