Martin-Leano Jocelyn 4
4 · IRWIN FINANCIAL CORP · Filed Feb 6, 2008
Insider Transaction Report
Form 4
Martin-Leano Jocelyn
President, Home Equity
Transactions
- Award
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)
2008-02-04+4,879→ 4,879 totalExercise: $10.21Exp: 2018-02-03→ COMMON STOCK (4,879 underlying) - Award
COMMON STOCK
2008-02-04+5,121→ 7,783 total
Footnotes (3)
- [F1]The performance vesting on the restricted stock shares is determined by a three-year average of the Irwin Financial Corporation Short Term Incentive Plan multiple.
- [F2]Includes 9 additional shares acquired under the Irwin Financial Corporation Employees' Stock Purchase Plan. The information in this report is as of 1/16/08. The Plan provides for the purchase of fractional shares. The number reported is the nearest whole number.
- [F3]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.