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CINCINNATI FINANCIAL CORP — Director's Dealing 2019
Mar 5, 2019
30222_dirs_2019-03-05_5329a00f-6cfd-439c-a058-4231ce9f2382.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: 2019-03-01
Reporting Person: Sewell Michael J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-01 | Common Stock | M | 962.00 | $0.00 | Acquired | 63018.00 | Direct |
| 2019-03-01 | Common Stock | M | 427.00 | $0.00 | Acquired | 63445.00 | Direct |
| 2019-03-01 | Common Stock | M | 1004.00 | $0.00 | Acquired | 64449.00 | Direct |
| 2019-03-01 | Common Stock | F | 1250.00 | $87.10 | Disposed | 63199.00 | Direct |
| 2019-03-01 | Common Stock | M | 1875.00 | $0.00 | Acquired | 65074.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-01 | Restricted Stock Units | $0.00 | M | 427.00 | Disposed | Common Stock (427.00) | Direct | |
| 2019-03-01 | Restricted Stock Units | $0.00 | M | 962.00 | Disposed | Common Stock (962.00) | Direct | |
| 2019-03-01 | Restricted Stock Units | $0.00 | M | 1004.00 | Disposed | Common Stock (1004.00) | Direct | |
| 2019-03-01 | Restricted Stock Units | $0.00 | M | 1875.00 | Disposed | Common Stock (1875.00) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Shares | $0.00 | Common Stock (12081.00) | 12081.00 | Direct |
Footnotes
F1: The restricted stock units vested March 1, 2019, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2019.
F2: The restricted stock units vested March 1, 2019, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2020.
F3: The restricted stock units vested March 1, 2019, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2021.
F4: The restricted stock units became payable March 1, 2019. The performance goals were met at threshold level.
F5: 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/her phantom stock shares into an alternative investment selection within the plan.