Home/Filings/4/0000859139-12-000039
4//SEC Filing

Kiratsous Stephan A 4

Accession 0000859139-12-000039

CIK 0000859139other

Filed

May 16, 8:00 PM ET

Accepted

May 17, 7:32 PM ET

Size

8.5 KB

Accession

0000859139-12-000039

Insider Transaction Report

Form 4
Period: 2012-05-15
Kiratsous Stephan A
Executive Vice President & CFO
Transactions
  • Disposition to Issuer

    Restricted Share Units

    2012-05-1553,6280 total
    Class A Common Stock (53,628 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2012-05-1553,6280 total
    Exercise: $27.97From: 2012-06-20Exp: 2021-06-20Class A Common Stock (53,628 underlying)
Footnotes (4)
  • [F1]Pursuant to the terms of the Merger Agreement, such option was cancelled in exchange for the right to receive a cash payment equal to the amount by which $44.875 exceeded the exercise price per share of such option, multiplied by the number of shares of Class A Common Stock underlying such option.
  • [F2]1-for-1.
  • [F3]The terms of these restricted share units provided that the reporting person would, subject to the satisfaction of various time vesting requirements, receive the underlying shares of Class A Common Stock after a six-month period following the termination of his employment.
  • [F4]Pursuant to the terms of the Merger Agreement, such restricted share units were cancelled in exchange for the right to receive a cash payment of $43.875 per underlying share of Class A Common Stock. In addition, pursuant to the terms of the Merger Agreement, a payment in the amount of $1.00 per share of Class A Common Stock underlying such units was made on May 16, 2012.

Issuer

DELPHI FINANCIAL GROUP INC/DE

CIK 0000859139

Entity typeother

Related Parties

1
  • filerCIK 0001523582

Filing Metadata

Form type
4
Filed
May 16, 8:00 PM ET
Accepted
May 17, 7:32 PM ET
Size
8.5 KB