SAFECO CORP 4
4 · SAFECO CORP · Filed Jan 4, 2008
Insider Transaction Report
Form 4
SAFECO CORPSAF
Reynolds Paula Rosput
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2008-01-03$53.91/sh−2,915$157,148→ 26,602 total - Exercise/Conversion
Common Stock
2008-01-03+10,575→ 29,517 total - Exercise/Conversion
Restricted Stock Rights
2008-01-03−10,575→ 21,150 totalFrom: 2008-01-03Exp: 2008-01-03→ Common Stock (10,575 underlying)
Footnotes (4)
- [F1]Received upon conversion of an equal number of Restricted Stock Rights ("RSRs").
- [F2]Delivery of shares to issuer exempt under 16b-3 to pay tax withholding liability.
- [F3]Right to receive shares equal to the value thereof, provided the reporting person remains in the issuer's service until specified vesting dates.
- [F4]RSRs are convertible into common stock on a 1 for 1 basis.