4//SEC Filing
SHERMAN DONALD A 4
Accession 0000859139-11-000011
CIK 0000859139other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:25 PM ET
Size
8.8 KB
Accession
0000859139-11-000011
Insider Transaction Report
Form 4
SHERMAN DONALD A
DirectorPresident & COO
Transactions
- Award
Options to purchase Class A Common Stock
2011-02-18+115,532→ 115,532 totalExercise: $31.16Exp: 2021-02-18→ Class A Common Stock (115,532 underlying) - Award
Restricted Class A Common Stock Share Units
2011-02-18+38,510→ 38,510 total→ Class A Common Stock (38,510 underlying)
Footnotes (4)
- [F1]Options become exercisable in five substantially equal annual installments, beginning on February 9, 2012.
- [F2]Not applicable.
- [F3]1-for-1.
- [F4]Under the terms of the restricted share units, the reporting person has the right to receive the underlying shares of Class A Common Stock six months following his termination of employment, subject to the completion of a vesting period consisting of 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 as to which such vesting period has elapsed, by him without good reason.
Documents
Issuer
DELPHI FINANCIAL GROUP INC/DE
CIK 0000859139
Entity typeother
Related Parties
1- filerCIK 0001049131
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:25 PM ET
- Size
- 8.8 KB