Chandler Arthur E 4
4 · HARLEYSVILLE GROUP INC · Filed Feb 22, 2011
Insider Transaction Report
Form 4
Chandler Arthur E
Sr VP, CFO
Transactions
- Award
Employee Stock Option Right-to-Buy
2011-02-17+22,155→ 22,155 totalExercise: $36.51Exp: 2021-02-17→ Common Stock (22,155 underlying) - Award
Common Stock
2011-02-17+2,800→ 25,117 total - Award
Performance Units
2011-02-17+2,010→ 2,010 totalExp: 2014-02-17→ Common Stock (2,010 underlying)
Footnotes (3)
- [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]The option vests in 3 equal annual installments beginning on February 17, 2012.
- [F3]Represents performance-based restricted stock unit award at target. The performance period will end December 31, 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.