Filing Details

Accession Number:
0000944695-16-000182
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-19 16:46:42
Reporting Period:
2016-05-17
Filing Date:
2016-05-19
Accepted Time:
2016-05-19 16:46:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
944695 Hanover Insurance Group Inc. THG Fire, Marine & Casualty Insurance (6331) 043263626
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1261155 H Frederick Eppinger The Hanover Insurance Group, Inc.
440 Lincoln St
Worcester MA 01653
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-05-17 60,000 $36.81 397,283 No 4 M Direct
Common Stock Disposition 2016-05-17 41,873 $85.72 355,410 No 4 F Direct
Common Stock Acquisiton 2016-05-17 46,667 $42.49 402,077 No 4 M Direct
Common Stock Disposition 2016-05-17 34,206 $85.72 367,871 No 4 F Direct
Common Stock Acquisiton 2016-05-17 45,000 $57.99 412,871 No 4 M Direct
Common Stock Disposition 2016-05-17 37,292 $85.72 375,579 No 4 F Direct
Common Stock Acquisiton 2016-05-17 41,666 $70.24 417,245 No 4 M Direct
Common Stock Disposition 2016-05-17 37,682 $85.72 379,563 No 4 F Direct
Common Stock Disposition 2016-05-18 80,510 $86.02 299,053 No 4 S Direct
Common Stock Disposition 2016-05-18 4,490 $86.67 294,563 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Option (right to buy) Disposition 2016-05-17 60,000 $0.00 60,000 $36.81
Common Stock Common Stock Option (right to buy) Disposition 2016-05-17 46,667 $0.00 46,667 $42.49
Common Stock Common Stock Option (right to buy) Disposition 2016-05-17 45,000 $0.00 45,000 $57.99
Common Stock Common Stock Option (right to buy) Disposition 2016-05-17 41,666 $0.00 41,666 $70.24
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-01-20 No 4 M Direct
0 2023-02-26 No 4 M Direct
45,000 2024-02-19 No 4 M Direct
83,334 2025-02-27 No 4 M Direct
Footnotes
  1. Mr. Eppinger "net exercised" a total of 193,333 options. The options were granted to Mr. Eppinger from 2012-2015, and were scheduled to expire ten years after issuance. A total of 151,053 shares were withheld by the Company to satisfy the exercise price and taxes associated with the exercises, resulting in a net issuance of 42,280 shares to Mr. Eppinger.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple prices ranging from $85.41 to $86.40, inclusive. The Reporting Person undertakes to provide The Hanover Insurance Group, Inc. ("THG"), any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple prices ranging from $86.46 to $86.80, inclusive. The Reporting Person undertakes to provide THG, any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  4. Does not include 200,612 shares held indirectly in a Rabbi Trust pursuant to deferral agreements.
  5. The option, representing the right to purchase a total of 120,000 shares, vested 50% on 1/20/15, and the remaining 50% vested on 1/20/16.
  6. The option, representing the right to purchase a total of 140,000 shares, vested 33% on 2/26/14, 33% on 2/26/15, and the remaining portion vested on 2/26/16.
  7. The option, representing the right to purchase a total of 135,000 shares, vested 33% on 2/19/15, 33% vested on 2/19/16, and provided the vesting requirements are met, the remaining portion is scheduled to vest on 2/19/17.
  8. The option, representing the right to purchase a total of 125,000 shares, vested 33% on 2/27/16, and provided the vesting requirements are met, 33% is scheduled to vest on 2/27/17, and the remaining portion is scheduled to vest on 2/27/18.