First American Financial Corp 4

4 · First American Financial Corp · Filed Mar 23, 2011

Insider Transaction Report

Form 4

Period: 2011-03-21

First American Financial CorpFAF

ARGYROS GEORGE L

Director

Transactions

Award
Common Stock
2011-03-21+3,247→ 17,044 total

Holdings

Common Stock
(indirect: By Trust)
235,889
Common Stock
(indirect: By HBI (corp.))
106,800
Common Stock
(indirect: UGMA Custodial Account)
125
Common Stock
(indirect: By GLA Financial Corp. (corp.))
7,900
Common Stock
(indirect: By Trust)
3,400
Employee Stock Option (Right to Buy)
Exercise: $20.40From: 2006-12-08Exp: 2015-12-08→ Common Stock (11,645 underlying)
11,645

Footnotes (11)

[F1]Includes 1,448 unvested restricted stock units ("RSUs") acquired in a pro rata distribution by The First American Corporation ("FAC") on account of an original grant of 1,707 FAC RSUs, of which 1,215 were unvested at the time of the distribution and shares acquired through automatic dividend reinvestment. The vesting schedule of the FAC RSUs, vesting in three equal annual increments commencing 6/20/2009, the first anniversary of the grant, has been carried over to the issuer RSUs.
[F10]The exercise price is equal to the exercise price of the FAC option held by the reporting person multiplied by $14.10/$32.84, which represents the when-issued trading price of the issuer on June 1, 2010 divided by the last FAC trading price.
[F11]The number of options acquired is equal to the number of FAC options held by the reporting person multiplied by $32.84/$14.10, which represents the last FAC trading price divided by the when-issued trading price of the issuer on June 1, 2010.
[F2]Includes 2,049 unvested RSUs acquired in a pro rata distribution by FAC on account of an original grant of 2,489 FAC RSUs, of which 1,724 were unvested at the time of the distribution and shares acquired through automatic dividend reinvestment. The vesting schedule of the FAC RSUs, vesting in three equal annual increments commencing 3/4/2010, the first anniversary of the grant, has been carried over to the issuer RSUs.
[F3]Includes 2,739 unvested RSUs acquired in a pro rata distribution by FAC on account of an original grant of 1,731 FAC RSUs, of which 1,741 were unvested at the time of the distribution and shares acquired through automatic dividend reinvestment. The vesting schedule of the FAC RSUs, vesting in three equal annual increments commencing 3/3/2011, the first anniversary of the grant, has been carried over to the issuer RSUs.
[F4]Includes 3,247 shares acquired pursuant to a grant of RSUs vesting in three equal annual increments commencing 3/21/12, the first anniversary of the grant.
[F5]The number of RSUs acquired in the distribution is equal to the number of unvested FAC RSUs held by the reporting person at the time of the distribution multiplied by $32.84/$14.10, which represents the last FAC trading price divided by the when-issued trading price of the issuer on June 1, 2010.
[F6]The shares are held by the reporting person as a trustee of the revocable Argyros Family Trust for the benefit of the reporting person's family members.
[F7]The shares are held by the reporting person as a trustee of an irrevocable trust for the benefit of his parents.
[F8]The shares are held by the reporting person as custodian of a custodial account established under the Uniform Gifts to Minors Act, for the benefit of the reporting person's grandson.
[F9]Option acquired in a pro rata distribution by FAC.

Documents

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form4.xmlPrimary
PRIMARY DOCUMENT