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5//SEC Filing

MURDOCK MICHEY L 5

Accession 0000865058-09-000008

CIK 0000865058other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 2:21 PM ET

Size

7.6 KB

Accession

0000865058-09-000008

Insider Transaction Report

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

    Phantom Stock Units

    2009-02-14$5.95/sh+1,519$9,03818,685 total
    Exercise: $5.95Phantom Stock Units (1,519 underlying)
Holdings
  • Common Stock

    1,442
  • Common Stock

    (indirect: By 401-K Plan)
    21,796
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 typeother

Related Parties

1
  • filerCIK 0001239472

Filing Metadata

Form type
5
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 2:21 PM ET
Size
7.6 KB