SMITH RICHARD K 4
4 · State Auto Financial CORP · Filed May 12, 2009
Insider Transaction Report
Form 4
SMITH RICHARD K
Director
Transactions
- Award
Restricted Stock Units
2009-05-08+1,850→ 7,723.737 total→ Common Stock (1,850 underlying)
Footnotes (3)
- [F1]Each restricted share unit represents a right to receive one share of STFC common stock.
- [F2]The Restricted Share Units become payable, in cash or common shares, at the election of the reporting person, upon the reporting person's termination of service as a director.
- [F3]Includes restricted share units previously granted under Outside Directors Restricted Share Unit Plan and restricted share units credited with dividends, equivalent in value to those declared and paid on one share of STFC common stock; 35.558 shares acquired on 6/30/08; 28.202 shares acquired on 9/30/08; 30.703 shares acquired on 12/31/08 and 50.754 shares acquired on 3/31/09.