Rodney O. Martin Jr - Feb 21, 2024 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Signature
/s/ My Chi To, Attorney-in-Fact
Stock symbol
VOYA
Transactions as of
Feb 21, 2024
Transactions value $
$0
Form type
4
Date filed
2/23/2024, 04:25 PM
Previous filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $129K +1.87K +2.28% $68.99 83.8K Feb 21, 2024 Direct F1
transaction VOYA Common Stock Tax liability -$129K -1.87K -2.23% $68.99 82K Feb 21, 2024 Direct F1
holding VOYA Common Stock 6.93K Feb 21, 2024 By 401(k) Plan F2

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 Performance Stock Unit Award $0 +62.4K +33.27% $0.00 250K Feb 21, 2024 Common Stock 62.4K Direct F3, F4
transaction VOYA Restricted Stock Units Award $0 +50.1K +79.33% $0.00 113K Feb 21, 2024 Common Stock 50.1K Direct F3, F5
transaction VOYA Restricted Stock Units Options Exercise $0 -1.87K -1.65% $0.00 111K Feb 21, 2024 Common Stock 1.87K Direct F3, F6
holding VOYA Deferred Savings Plan Issuer Stock Units 8.1K Feb 21, 2024 Common Stock 8.1K Direct F7
holding VOYA Performance-Based Stock Options 159K Feb 21, 2024 Common Stock 159K Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 FICA tax withholding on the grant of restricted stock units.
F2 Includes automatic semi-monthly contributions to the reporting person's 401(k).
F3 The stock units will vest based on their respective award agreements.
F4 The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (February 16, 2027) can range from 0% to 150% of the number presented above.
F5 1/3 of the restricted stock units will vest on February 18, 2025, 1/3 on February 17, 2026 and 1/3 on February 16, 2027.
F6 The restricted stock units were awarded as compensation and will convert to common stock on a 1 to 1 basis upon the vesting date.
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 The options vest based on the conditions set forth in their respective agreements.