Richard W. Lavey - Feb 24, 2025 Form 4 Insider Report for HANOVER INSURANCE GROUP, INC. (THG)

Role
Executive Vice President
Signature
/s/ Lindsay L. Katz pursuant to Confirming Statement
Stock symbol
THG
Transactions as of
Feb 24, 2025
Transactions value $
$0
Form type
4
Date filed
2/26/2025, 04:26 PM
Previous filing
Dec 30, 2024
Next filing
Mar 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THG Common Stock Award $0 +2.17K +5.98% $0.00 38.5K Feb 24, 2025 Direct F1
transaction THG Common Stock Award $0 +397 +1.03% $0.00 38.9K Feb 24, 2025 Direct F2
transaction THG Common Stock Award $0 +2.05K +5.26% $0.00 41K Feb 25, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THG Common Stock Option (right to buy) Award $0 +9.38K $0.00 9.38K Feb 25, 2025 Common Stock 9.38K $161.82 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2022, the Reporting Person was granted performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2014 Long-Term Incentive Plan. These PBRSUs were subject to a performance-based vesting condition related to three-year average adjusted return on equity and a time-based vesting condition and also provided for the accumulation of dividend equivalent rights. On February 24, 2025, the performance condition for this award was certified at 125% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 28, 2025.
F2 On February 28, 2022, the Reporting Person was granted PBRSUs pursuant to the Issuer's 2014 Long-Term Incentive Plan. These PBRSUs were subject to a performance-based vesting condition related to three-year relative total shareholder return and a time-based vesting condition and also provided for the accumulation of dividend equivalent rights. On February 24, 2025, the performance condition for this award was certified at 25% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 28, 2025.
F3 Grant of restricted stock units under the Issuer's 2022 Long-Term Incentive Plan. Such units vest on the third anniversary of the date of grant.
F4 Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.