COULTER CHAD 4
4 · DELPHI FINANCIAL GROUP INC/DE · Filed Feb 22, 2011
Insider Transaction Report
Form 4
COULTER CHAD
Senior VP, Secy & Gen Counsel
Transactions
- Award
Restricted Class A Common Stock Share Units
2011-02-18+10,430→ 10,430 total→ Class A Common Stock (10,430 underlying)
Footnotes (3)
- [F1]1-for-1.
- [F2]Under the terms of the restricted share units, the reporting person has the right to receive the underlying shares of Class A Common Stock in three substantially equal annual installments beginning on February 9, 2014. Such right may be accelerated if the reporting person's employment is terminated by reason of death, disability or his resignation for good reason or termination by the issuer without cause, or if a change of ownership with respect to the issuer occurs; however, such right will be forfeited if such employment is terminated by the issuer for cause or, except as to any shares which he has become entitled to a receive as described in the preceding sentence or due to one of such acceleration events, by him without good reason.
- [F3]Not applicable.