PHOENIX COMPANIES INC/DE 4
4 · PHOENIX COMPANIES INC/DE · Filed Jul 6, 2006
Insider Transaction Report
Form 4
ALFIERO SAL H
Director
Transactions
- Award
Restricted Stock Units
2006-07-03+2,350.958→ 30,551.866 total→ Common Stock (2,350.958 underlying)
Holdings
- 13,700
Stock Option (Right to Buy)
Exercise: $16.20From: 2003-06-25→ Common Stock (13,700 underlying) - 150,053
Common Stock
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, following the termination of the Reporting Person's service as a member of the Board of Directors.
- [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.