4//SEC Filing
NATIONAL SECURITY GROUP INC 4
Accession 0000865058-05-000014
CIK 0000865058operating
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:34 PM ET
Size
14.4 KB
Accession
0000865058-05-000014
Insider Transaction Report
Form 4
BROOKS FLEMING G
Director
Transactions
- Award
Phantom Stock Units
2005-02-11$21.26/sh+282$5,995→ 282 totalExercise: $21.26→ Common Stock (282 underlying)
Holdings
- 15,950
Common Stock
Footnotes (2)
- [F1]) The phantom stock units were awarded under the nonqualified deferred compensation plan in which directors could elect to defer their directors' fees by receiving phantom stock units payable in cash upon separation from service from the board. The plan was frozen on 12/31/2004. It is anticipated that a new nonqualified plan will be adopted during 2005. Until a new plan is adopted all directors' fees will be paid in cash.
- [F2]Upon separation from service from the Board, phantom stock units will be settled in cash at the then current market price of common stock.
Documents
Issuer
NATIONAL SECURITY GROUP INC
CIK 0000865058
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000865058
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:34 PM ET
- Size
- 14.4 KB