IRWIN FINANCIAL CORP 4
4 · IRWIN FINANCIAL CORP · Filed Jan 4, 2008
Insider Transaction Report
Form 4
DEAN SALLY A
Director
Transactions
- Other
COMMON STOCK
2008-01-02$7.35/sh+374$2,749→ 27,808 total - Award
COMMON STOCK
2008-01-02$7.05/sh+3,546$24,999→ 31,354 total - Award
Non-Qualified Stock Option (right to buy)
2008-01-02+17,083→ 17,083 totalExercise: $7.05Exp: 2018-01-02→ COMMON STOCK (17,083 underlying)
Footnotes (3)
- [F1]Shares reported were acquired pursuant to the Irwin Financial Corporation 1999 Outside Director Restricted Stock Compensation Plan in lieu of cash payment for services as a director of the Company. The reporting person has direct voting power with respect to the shares reported but no investment power until ownership of the shares vest pursuant to the Plan and certain holding periods set forth in the Plan expire.
- [F2]Shares reported were acquired pursuant to the Irwin Financial Corporation 2001 Stock Plan in lieu of cash payment for services as a director of the Company. The reporting person has direct voting power with respect to the shares but no investment power until ownership of the shares vests pursuant to the Plan and certain holding periods set forth in the Plan expire.
- [F3]Stock options reported were acquired pursuant to the Irwin Financial Corporation 2001 Stock Plan as amended in lieu of cash payment for services as a director of the Company. The options vest immediately and are exercisable for a period of ten years from the effective date of the grant.