NATIONAL SECURITY GROUP INC 4
4 · NATIONAL SECURITY GROUP INC · Filed Feb 20, 2007
Insider Transaction Report
Form 4
MURDOCK MICHEY L
Officer
Transactions
- Other
Common Stock
2007-02-19−47→ 21,796 total(indirect: By 401-K Plan)
Holdings
- 16,341
Phantom Stock
→ Phantom Stock - 1,442
Common Stock
Footnotes (2)
- [F1]Shares held in 401-K plan were previously in units. Units have now been converted to shares. Disposition shown to adjust unit shares to actual.
- [F2]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. These shares were acquired during the fiscal year pursuant to the dividend reinvestment component of the nonqualified deferred compensation plan which was frozen on 12/31/2004.