SAFECO CORP 4
4 · SAFECO CORP · Filed Apr 30, 2008
Insider Transaction Report
Form 4
SAFECO CORPSAF
Reynolds Paula Rosput
DirectorPresident & CEO
Transactions
- Award
Phantom Stock Units
2008-04-28$42.04/sh+13.523$569→ 2,294.61 total→ Common Stock (13.523 underlying)
Footnotes (2)
- [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 accrued under the Safeco Corporation Deferred Compensation Plan for Executives (the "Plan") and will be settled in cash following termination of the reporting person's employment with Safeco Corporation, or may be reallocated to another investment option pursuant to the terms of the Plan.