Gaddy Shirley A 4
4 · TRIAD GUARANTY INC · Filed Jan 3, 2012
Insider Transaction Report
Form 4
Gaddy Shirley A
SVP Operations
Transactions
- Exercise/Conversion
Common Stock
2012-01-01+3,333→ 26,765 total - Disposition to Issuer
Common Stock
2012-01-01$0.11/sh−3,333$367→ 23,432 total - Exercise/Conversion
Phantom Stock
2012-01-01−3,333→ 3,334 totalFrom: 2012-01-01→ Common Stock (3,333 underlying)
Holdings
- 1,325.247(indirect: 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 her 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 1/1/2012.