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CINCINNATI FINANCIAL CORP — Director's Dealing 2020
Mar 4, 2020
30222_dirs_2020-03-04_3cac09ce-dbad-4d6d-9d03-db37ae333348.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: 2020-03-02
Reporting Person: Sewell Michael J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-02 | Common Stock | M | 5632.00 | $0.00 | Acquired | 73883.00 | Direct |
| 2020-03-02 | Common Stock | M | 957.00 | $0.00 | Acquired | 74840.00 | Direct |
| 2020-03-02 | Common Stock | M | 1004.00 | $0.00 | Acquired | 75844.00 | Direct |
| 2020-03-02 | Common Stock | M | 963.00 | $0.00 | Acquired | 76807.00 | Direct |
| 2020-03-02 | Common Stock | F | 278.00 | $96.88 | Disposed | 76529.00 | Direct |
| 2020-03-02 | Common Stock | F | 295.00 | $96.88 | Disposed | 76234.00 | Direct |
| 2020-03-02 | Common Stock | F | 1653.00 | $96.88 | Disposed | 74581.00 | Direct |
| 2020-03-02 | Common Stock | F | 283.00 | $96.88 | Disposed | 74298.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-02 | Performance Stock Units | $0.00 | M | 5632.00 | Disposed | Common Stock (5632.00) | Direct | |
| 2020-03-02 | Restricted Stock Units | $0.00 | M | 957.00 | Disposed | Common Stock (957.00) | Direct | |
| 2020-03-02 | Restricted Stock Units | $0.00 | M | 1004.00 | Disposed | Common Stock (1004.00) | Direct | |
| 2020-03-02 | Restricted Stock Units | $0.00 | M | 963.00 | Disposed | Common Stock (963.00) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 280.00 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Shares | $0.00 | Common Stock (12365.00) | 12365.00 | Direct |
Footnotes
F1: The restricted stock units became payable March 1, 2020. The performance goals were met at target level.
F2: The restricted stock units vested March 1, 2020, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2022.
F3: The restricted stock units vested March 1, 2020, 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 vested March 1, 2020, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2020.
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 phantom stock shares into an alternative investment selection within the plan.