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Filing Details

Accession Number:: 0001062993-24-004728
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-02-28 16:03:17
Reporting Period:: 2024-02-26

Accepted Time:: 2024-02-28 16:03:17
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
1269358	E. Warren Barnes	C/O The Hanover Insurance Group, Inc. 440 Lincoln Street Worcester MA 01653	Svp & Princpl. Accntg. Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-02-26	229	$0.00	3,841	No	4	A	Direct
Common Stock	Acquisiton	2024-02-26	159	$0.00	4,000	No	4	A	Direct
Common Stock	Disposition	2024-02-26	363	$134.61	3,638	No	4	F	Direct
Common Stock	Disposition	2024-02-27	840	$133.87	2,798	No	4	S	Direct
Common Stock	Acquisiton	2024-02-27	689	$0.00	3,487	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	F	Direct
No	4	S	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Option (right to buy)	Acquisiton	2024-02-27	1,534	$0.00	1,534	$134.26

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,534		2034-02-27	No	4	A	Direct

Footnotes

On February 26, 2021, 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 three-year time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 26, 2024, the performance condition for this award was certified at 112% of the target award (as adjusted for accumulated dividend equivalent rights), and vested and was paid.
On February 26, 2021, 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 three-year time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 26, 2024, the performance condition for this award was certified at 72.73% of the target award (as adjusted for accumulated dividend equivalent rights), and vested and was paid.
Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer and vested on February 26, 2024. In connection with vesting, any fractional shares were rounded up to the next whole share in accordance with the terms of the award agreement.
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.
Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.