NOVASTAR FINANCIAL INC·4

Aug 25, 4:27 PM ET

ANDERSON W LANCE 4

4 · NOVASTAR FINANCIAL INC · Filed Aug 25, 2011

Insider Transaction Report

Form 4
Period: 2011-03-15
ANDERSON W LANCE
DirectorChief Executive Officer
Transactions
  • Award

    Employee Stock Option (right to buy)

    2011-03-15+109,750219,500 total
    Exercise: $0.51From: 2013-12-31Exp: 2021-03-15Common Stock (109,750 underlying)
  • Award

    Employee Stock Option (right to buy)

    2011-03-15+109,750329,250 total
    Exercise: $0.51From: 2014-12-31Exp: 2021-03-15Common Stock (109,750 underlying)
  • Award

    Employee Stock Option (right to buy)

    2011-03-15+109,750109,750 total
    Exercise: $0.51From: 2012-12-31Exp: 2021-03-15Common Stock (109,750 underlying)
  • Other

    Common Stock

    2011-08-23$0.43/sh2,748$1,1830 total(indirect: By 401(k))
  • Award

    Employee Stock Option (right to buy)

    2011-03-15+109,750439,000 total
    Exercise: $0.51From: 2015-12-31Exp: 2021-03-15Common Stock (109,750 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    36,111
  • Common Stock

    142,936
  • Common Stock

    (indirect: By son)
    35,729
Footnotes (1)
  • [F1]In a non-discretionary transaction, the board of directors of NovaStar Financial, Inc. approved the liquidation of the Company Stock Fund in the 401(k) plan, eliminating the Company Stock Fund as an investment alternative, and the plan administrator reinvested the participants accounts into a different fund.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT