Teresa C. Cracas - 21 Feb 2022 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role: Sr VP, Chief Risk Off. - Sub
Signature: /s/ Teresa C Cracas
Issuer symbol: CINF
Transactions as of: 21 Feb 2022
Net transactions value: +$2,313,464
Form type: 4
Filing time: 23 Feb 2022, 14:37:20 UTC
Previous filing: 09 Nov 2021
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CINF	Common Stock						36,957	21 Feb 2022	Direct
holding	CINF	Common Stock						1,883	21 Feb 2022	By Spouse

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	CINF	Performance Stock Units	Award	$0	+9,100		$0.000000	9,100	21 Feb 2022	Common Stock	9,100	$0.000000	Direct	F1
transaction	CINF	Restricted Stock Units	Award	$0	+1,214		$0.000000	1,214	21 Feb 2022	Common Stock	1,214	$0.000000	Direct	F2
transaction	CINF	Stock Option (Right to Buy)	Award	$2,313,464	+18,666		$123.94	18,666	21 Feb 2022	Common Stock	18,666	$123.94	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units vest March 1, 2025, as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest.
F2	The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met.
F3	The option vests in three installments beginning on the first anniversary of the date of grant.