CLARK THOMAS E 4
4 · HARLEYSVILLE GROUP INC · Filed Feb 22, 2011
Insider Transaction Report
Form 4
CLARK THOMAS E
Sr VP
Transactions
- Award
Common Stock
2011-02-17+1,790→ 28,592 total - Award
Employee Stock Option Right-to-Buy
2011-02-17+15,350→ 15,350 totalExercise: $36.51Exp: 2021-02-17→ Common Stock (15,350 underlying) - Award
Performance Units
2011-02-17+1,395→ 1,395 totalExp: 2014-02-17→ Common Stock (1,395 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 672.578 shares acquired on July 14, 2010 and January 14, 2011 through participation in the Harleysville Group Inc. Employee Stock Purchase Plan.
- [F3]The option vests in 3 equal annual installments beginning on February 17, 2012.
- [F4]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.