CINCINNATI FINANCIAL CORP — Director's Dealing 2017

Mar 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
Period of Report: 2017-03-01

Reporting Person: STECHER KENNETH W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Common Stock	M	6932	—	Acquired	105642	Direct
2017-03-01	Common Stock	M	176	—	Acquired	105818	Direct
2017-03-01	Common Stock	M	306	—	Acquired	106124	Direct
2017-03-01	Common Stock	F	3286	$74.66	Disposed	102838	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-01	Restricted Stock Units	$0	M	6932	Disposed		Common Stock (6932)	Direct
2017-03-01	Restricted Stock Units	$0	M	176	Disposed		Common Stock (176)	Direct
2017-03-01	Restricted Stock Units	$0	M	306	Disposed		Common Stock (306)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43408	Indirect

Footnotes

F1: The restricted stock units became payable March 1, 2017. The performance goals were met at the target level.

F2: The restricted stock units vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2018.

F3: The restricted stock units vested March 1, 2017, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2019.