Jones Kenneth W 4
4 · TRIAD GUARANTY INC · Filed Jan 3, 2012
Insider Transaction Report
Form 4
Jones Kenneth W
DirectorPresident, CEO & CFO
Transactions
- Exercise/Conversion
Common Stock
2012-01-01+11,667→ 68,785 total - Disposition to Issuer
Common Stock
2012-01-01$0.11/sh−11,667$1,283→ 57,118 total - Exercise/Conversion
Phantom Stock
2012-01-01−11,667→ 11,667 totalFrom: 2012-01-01→ Common Stock (11,667 underlying)
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 1/1/2012.