IRWIN FINANCIAL CORP 4
4 · IRWIN FINANCIAL CORP · Filed May 11, 2007
Insider Transaction Report
Form 4
LALEGGIA JOSEPH
President, Commercial Finance
Transactions
- Award
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)
2007-05-09+14,200→ 14,200 totalExercise: $17.09Exp: 2017-05-08→ COMMON STOCK (14,200 underlying)
Holdings
- 3,676
COMMON STOCK
Footnotes (2)
- [F1]INCLUDES 366 ADDITIONAL SHARES ACQUIRED UNDER THE IRWIN FINANCIAL CORPORATION EMPLOYEES' STOCK PURCHASE PLAN. THE INFORMATION IN THIS REPORT IS AS OF 4-30-2007. THE PLAN PROVIDES FOR THE PURCHASE OF FRACTIONAL SHARES. THE NUMBER REPORTED IS THE NEAREST WHOLE NUMBER.
- [F2]THE PLAN PROVIDES FOR PHASED-IN VESTING OF RIGHTS TO EXERCISE GRANTED STOCK OPTIONS. IN THE YEAR OF THE GRANT, OPTIONEE MAY EXERCISE 25% OF TOTAL OPTIONS GRANTED. IN EACH OF THE THREE YEARS IMMEDIATELY FOLLOWING THE YEAR OF THE GRANT, OPTIONEE MAY EXERCISE AN ADDITIONAL 25% OF THE OPTIONS GRANTED. GRANT OF OPTION WAS MADE TO REPORTING PERSON IN TRANSACTION EXEMPT UNDER RULE 16B-3.