SAFECO CORP 4
4 · SAFECO CORP · Filed Apr 25, 2007
Insider Transaction Report
Form 4
SAFECO CORPSAF
GREEN JOSHUA III
Director
Transactions
- Award
Phantom Stock Units
2007-04-23$42.07/sh+43.139$1,815→ 7,685.187 total→ Common Stock (43.139 underlying) - Award
Phantom Stock Units
2007-04-23$42.07/sh+34.543$1,453→ 7,719.73 total→ Common Stock (34.543 underlying) - Award
Phantom Stock Units
2007-04-23$42.07/sh+23.53$990→ 7,743.26 total→ Common Stock (23.53 underlying)
Footnotes (4)
- [F1]These Phantom Stock Units may be converted to shares of Safeco stock as follows: The number of Phantom Stock Units acquired multiplied by the price of Phantom Stock Units on the transaction date divided by the closing price of Safeco stock on the transaction date.
- [F2]These Phantom Stock Units were acquired under the Safeco Corporation Deferred Compensation Plan for Directors (the "Plan") as a result of deferred director fees and will be settled in cash following termination of the reporting person's service as a director of Safeco Corporation, or may be reallocated to another investment option pursuant to the terms of the Plan.
- [F3]These Phantom Stock Units accrued under the Plan and will be settled in cash following termination of the reporting person's service as a director of Safeco Corporation, or may be reallocated to another investment option pursuant to the terms of the Plan.
- [F4]These Phantom Stock Units accrued under the Plan from dividends equivalents received on restricted stock rights held by the reporting person and will be settled in cash following termination of the reporting person's service as a director of Safeco Corporation, or may be reallocated to another investment option pursuant to the terms of the Plan.