COOPER RICHARD N 4
4 · PHOENIX COMPANIES INC/DE · Filed Jan 4, 2005
Insider Transaction Report
Form 4
COOPER RICHARD N
Director
Transactions
- Award
Restricted Stock Units
2005-01-03+900→ 5,657.943 totalExercise: $12.50→ Common Stock (900 underlying)
Holdings
- 71
Common Stock
- 13,700
Stock Option (Right to Buy)
Exercise: $16.20From: 2003-06-25→ Common Stock (13,700 underlying)
Footnotes (2)
- [F1]In accordance with the Company's 2003 Restricted Stock, Restricted Stock Unit and Long-Term Incentive Plan as approved by the shareholders, the Reporting Person received the reported Restricted Stock Units ('RSUs') as a portion of the Reporting Person's compensation as a member of the Board of Directors. Each RSU represents the right to receive one share of common stock and the underlying shares of common stock will be issued, without consideration, on the later of (a) the Reporting Person's retirement from the Board of Directors or (b) June 26, 2006.
- [F2]The options may be exercised until the earlier of: (i) three years after the termination of service on the board of directors; or (ii) the tenth anniversary of the date the option was granted.