WALL EARL F 4
4 · TRIAD GUARANTY INC · Filed Jan 4, 2011
Insider Transaction Report
Form 4
WALL EARL F
Senior Vice President, Secre-
Transactions
- Exercise/Conversion
Common Stock
2011-01-01+8,333→ 32,839 total - Exercise/Conversion
Phantom Stock
2011-01-01−8,333→ 16,667 totalFrom: 2011-01-01→ Common Stock (8,333 underlying) - Disposition to Issuer
Common Stock
2011-01-01$0.24/sh−8,333$2,000→ 24,506 total
Holdings
- 103,106.943(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Each share of phantom stock was the economic equivalent of one share of TGIC common stock. The reporting person settled one-third of his shares of phantom stock for cash.
- [F2]The phantom stock vests one-third on 1/1/2011, one-third on 1/1/2012 and the remaining one-third on 1/1/2013.
- [F3]One third of the shares of phantom stock vested on 1/1/2011.