RODNEY O. MARTIN JR - 20 Feb 2024 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Signature
/s/ My Chi To, Attorney-in-Fact
Issuer symbol
VOYA
Transactions as of
20 Feb 2024
Net transactions value
-$10,878,982
Form type
4
Filing time
22 Feb 2024, 16:30:30 UTC
Previous filing
18 Dec 2023
Next filing
23 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $0 +66,970 +82% $0.000000 148,935 20 Feb 2024 Direct F2
transaction VOYA Common Stock Options Exercise $0 +90,410 +61% $0.000000 239,345 20 Feb 2024 Direct F2
transaction VOYA Common Stock Tax liability $4,083,411 -58,218 -24% $70.14 181,127 20 Feb 2024 Direct
transaction VOYA Common Stock Sale $6,795,572 -99,162 -55% $68.53 81,965 21 Feb 2024 Direct F3
holding VOYA Common Stock 6,930 20 Feb 2024 By 401(k) Plan F1

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 VOYA Restricted Stock Units Options Exercise $0 -66,970 -51% $0.000000 63,205 20 Feb 2024 Common Stock 66,970 Direct F4
transaction VOYA Performance Stock Unit Options Exercise $0 -90,410 -33% $0.000000 187,476 20 Feb 2024 Common Stock 90,410 Direct F5
holding VOYA Performance-Based Stock Options 158,900 20 Feb 2024 Common Stock 158,900 Direct F6
holding VOYA Deferred Savings Plan Issuer Stock Units 8,102 20 Feb 2024 Common Stock 8,102 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes automatic semi-monthly contributions to the reporting person's 401(k).
F2 Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted stock units and performance stock units that were awarded as compensation.
F3 This transaction was executed in multiple trades at prices ranging from $68.03 to $69.975. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
F4 The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
F5 The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
F6 The options vest based on the conditions set forth in their respective agreements.
F7 Each of these units represents a right to receive the cash value of one share of the company's common stock upon the reporting person's separation from the company. The reporting person may reallocate investments in these units to alternative investments in the future.
F8 Includes dividend of 44.036 shares.

Remarks:

Executive Chairman