Ervin Laura Lynne 4
4 · AMERICAN SAFETY INSURANCE HOLDINGS LTD · Filed Oct 9, 2009
Insider Transaction Report
Form 4
Ervin Laura Lynne
Interim CFO
Transactions
- Award
Common Stock
2009-09-30$15.80/sh+2,813$44,445→ 2,972 total - Award
Stock Option (Right To Buy)
2009-09-30$19.68/sh+3,000$59,040→ 4,000 totalExercise: $19.68From: 2009-09-30Exp: 2009-12-30→ Common Stock (3,000 underlying) - Tax Payment
Common Stock
2009-09-30$15.80/sh−1,088$17,190→ 1,884 total - Award
Stock Option (Right To Buy)
2009-09-30$17.95/sh+1,000$17,950→ 4,000 totalExercise: $17.95From: 2009-09-30Exp: 2009-12-30→ Common Stock (1,000 underlying)
Footnotes (3)
- [F1]Shares issued as part of the Company's 2008 Long-Term Incentive Plan. Scheduled vesting was accelerated as part of the 09-18-2009 Separation Agreement.
- [F2]1088 shares surrendered @ $15.80 per share for withholdings on 2813 shares vested (1725 net shares).
- [F3]Vesting for options was accelerated as part of the 09-18-2009 Separation Agreement.