Home/Filings/5/0000865058-09-000005
5//SEC Filing

NATIONAL SECURITY GROUP INC 5

Accession 0000865058-09-000005

CIK 0000865058operating

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 2:15 PM ET

Size

6.9 KB

Accession

0000865058-09-000005

Insider Transaction Report

Form 5
Period: 2008-12-31
Transactions
  • Other

    Phantom Stock Units

    2009-02-14$5.95/sh+29$173356 total
    Exercise: $5.95Phantom Stock Units (29 underlying)
Holdings
  • Common Stock

    13,550
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 recieving phantom stock units payable in cash upon seperation 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 componenet of the nonqualified deferred compensation plan which was frozen on 12/31/2004.
  • [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.

Issuer

NATIONAL SECURITY GROUP INC

CIK 0000865058

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000865058

Filing Metadata

Form type
5
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 2:15 PM ET
Size
6.9 KB