SAFECO CORP 4
4 · SAFECO CORP · Filed Feb 17, 2005
Insider Transaction Report
Form 4
SAFECO CORPSAFC
RUDDY JAMES W
Exec. VP, General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Rights
2005-02-15$48.94/sh−6,110$299,023→ 18,330 totalFrom: 2005-02-15Exp: 2005-02-15→ Common Stock (6,110 underlying) - Exercise/Conversion
Common Stock
2005-02-15+8,639→ 18,636 total - Disposition to Issuer
Common Stock
2005-02-15$48.94/sh−8,639$422,793→ 9,997 total - Exercise/Conversion
Restricted Stock Rights
2005-02-15$48.94/sh−1,080$52,855→ 1,079 totalFrom: 2005-02-15Exp: 2005-02-15→ Common Stock (1,080 underlying) - Exercise/Conversion
Restricted Stock Rights
2005-02-15$48.94/sh−589$28,826→ 0 totalFrom: 2005-02-15Exp: 2005-02-15→ Common Stock (589 underlying) - Exercise/Conversion
Restricted Stock Rights
2005-02-15$48.94/sh−860$42,088→ 1,720 totalFrom: 2005-02-15Exp: 2005-02-15→ Common Stock (860 underlying)
Footnotes (3)
- [F1]Received upon conversion of an equal number of Restricted Stock Rights ("RSRs").
- [F2]Right to receive shares or cash equal to the value thereof, provided the reporting person remains in the issuer's service until specified vesting dates.
- [F3]RSRs are convertible into common stock on a 1 for 1 basis.