4//SEC Filing
DAURELLE LAWRENCE E 4
Accession 0000859139-09-000007
CIK 0000859139other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:44 PM ET
Size
9.6 KB
Accession
0000859139-09-000007
Insider Transaction Report
Form 4
DAURELLE LAWRENCE E
Director
Transactions
- Award
Options to purchase Class A Common Stock
2009-03-02+75,000→ 75,000 totalExercise: $31.10From: 2009-03-02Exp: 2015-12-28→ Class A Common Stock (75,000 underlying) - Award
Options to purchase Class A Common Stock
2009-03-02+112,500→ 225,000 totalExercise: $27.87From: 2009-03-02Exp: 2014-04-22→ Class A Common Stock (112,500 underlying)
Footnotes (3)
- [F1]On April 22, 2004, the reporting person was granted performance-contingent incentive options to purchase 225,000 shares of the issuer's Class A Common Stock. The number and exercise price thereof reflect adjustments pursuant to the terms of the option plan to reflect the issuer's 3-for-2 stock split effected in June 2006 (the "Split Adjustments"). Pursuant to the terms thereof, 50%, or 112,500, of such options had previously became exercisable. On March 2, 2009, 72,770 of such options became exercisable based on the level of attainment of a specified cumulative corporate financial performance target for the five-year period ended December 31, 2008 and the remaining 39,730 options became exercisable by action of the Compensation Committee of the issuer's Board of Directors (the "Committee").
- [F2]On December 28, 2005, the reporting person was granted performance-contingent incentive options to purchase 75,000 shares of the issuer's Class A Common Stock. The number and exercise price thereof reflect the Split Adjustments. On March 2, 2009, 48,514 of such options became exercisable based on the level of attainment of a specified cumulative corporate financial performance target for the five-year period ended December 31, 2008 and the remaining 26,486 options became exercisable by action of the Committee.
- [F3]Not applicable.
Documents
Issuer
DELPHI FINANCIAL GROUP INC/DE
CIK 0000859139
Entity typeother
Related Parties
1- filerCIK 0001251676
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:44 PM ET
- Size
- 9.6 KB