CINCINNATI FINANCIAL CORP — Director's Dealing 2014

Feb 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
Period of Report: 2014-02-25

Reporting Person: SCHERER J F (EVP & Chief Ins. Off. - Sub)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-25	Common Stock	M	8000	$26.59	Acquired	78494	Indirect
2014-02-25	Common Stock	M	11441	$26.58	Acquired	70494	Indirect
2014-02-25	Common Stock	F	13631	$46.80	Disposed	64863	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-25	Employee Stock Option (Right to Buy)	$26.59	M	8000	Disposed	2018-11-14	Common Stock (8000)	Direct
2014-02-25	Employee Stock Option (Right to Buy)	$26.58	M	11441	Disposed	2020-02-19	Common Stock (11441)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2681	Indirect
Common Stock	50413	Indirect

Footnotes

F1: The option vests in three annual installments beginning on the first anniversary of the date of grant.