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CNA FINANCIAL CORP — Director's Dealing 2017
Mar 2, 2017
30494_dirs_2017-03-02_8586f2da-b314-4e65-b099-7c5c12edd9d7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CNA FINANCIAL CORP (CNA)
CIK: 0000021175
Period of Report: 2017-03-01
Reporting Person: MOTAMED THOMAS F (Former Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | Common Stock | A | 170998 | — | Acquired | 714393 | Direct |
| 2017-03-01 | Common Stock | F | 78146 | $43.57 | Disposed | 636247 | Direct |
Footnotes
F1: Common stock represents the underlying security of restricted stock units granted to the reporting person, each restricted stock unit representing a contingent right to receive one share of CNA Financial Corporation common stock. The restricted stock units were awarded based on performance throughout 2016 and vested on March 1, 2017 pursuant to the terms of Mr. Motamed's employment agreement.
F2: The Company's Incentive Compensation Plan (as amended as of January 1, 2010) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants upon the lapse of restrictions on those shares.