ROSENKRANZ & CO 4
4 · DELPHI FINANCIAL GROUP INC/DE · Filed May 17, 2012
Insider Transaction Report
Form 4
ROSENKRANZ & CO
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2012-05-15$52.88/sh−582,802$30,815,656→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of December 21, 2011 by and among the issuer, Tokio Marine Holdings, Inc. and TM Investment (Delaware) Inc. (the "Merger Agreement"), pursuant to which each of the shares was converted into the right to receive $52.875 in cash. In addition, pursuant to the terms of the Merger Agreement, a special cash dividend of $1.00 per share was paid in respect of such shares on May 16, 2012.