CUMMINS MARK R 4
4 · HARLEYSVILLE GROUP INC · Filed Feb 22, 2010
Insider Transaction Report
Form 4
CUMMINS MARK R
Exec. VP, CIO, & Treasurer
Transactions
- Award
Common Stock
[F1][F2]2010-02-18+1,295→ 34,219 total - Award
Employee Stock Option Right-to-Buy
[F3]2010-02-18+13,375→ 13,375 totalExercise: $33.94Exp: 2020-02-18→ Common Stock (13,375 underlying) - Award
Performance Units
[F4]2010-02-18+1,295→ 1,295 totalExp: 2013-02-18→ Common Stock (1,295 underlying)
Footnotes (4)
- [F1]Represents an award of time-based restricted stock units granted under the Harleysville Group Inc. Equity Incentive Plan. Each unit represents a contingent right to receive one share of HGI common stock.
- [F2]Total includes .567 shares acquired 12/30/09 from the HGI dividend reinvestment plan.
- [F3]The option vests in 3 equal annual installments beginning 2/18/2011.
- [F4]Represents performance-based restricted stock unit award at target. The performance period will end 2/18/2013, and the actual number of shares to be issued will be determined after such date based upon the achievement of identified performance goals. Each unit represents the contingent right to acquire one share of common stock.
Signature
Candace J. Shustack, as Power of Attorney|2010-02-22