Chetlur S Ragavan, VOYA Financial Inc's See Remarks, recently cashed-in 23,028 options. The options were exercised at $0.00, while the disposals took place between $48.15 and $49.10 per share, on dates ranging from March 07 to March 08, 2019. Ragavan continues to hold 34,567 shares of the company. Ragavan operates out of New York, NY. Some additional info was provided as follows:
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.
This transaction was executed in multiple trades at prices ranging from $48.1500 to $48.2200. 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 company, or a security holder of the company, full information regarding the shares sold at each separate price.
The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
The options vest based on the conditions set forth in their respective agreements.
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.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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