4//SEC Filing
Koral John 4
Accession 0001140361-12-001367
CIK 0000038984other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:40 PM ET
Size
5.5 KB
Accession
0001140361-12-001367
Insider Transaction Report
Form 4
Koral John
Director
Transactions
- Award
Common Stock
2012-01-03$0.27/sh+277,778$75,000→ 1,278,198 total
Footnotes (1)
- [F1]On October 27, 2011, the Board of Directors of Signature Group Holdings, Inc., amended and approved a compensation package for each of its independent (non-management) Directors which includes annual compensation of $75,000 of restricted stock. The restricted stock shall vest at the end of each year of the grant, subject to immediate vesting in the event of a change in control. On January 3, 2012 shares were issued in the amount o $75,000 to each independent Director for their director services for 2012. The number of shares was based on the closing price at December 31, 2011, which was .27. Accordingly, 277,778 restricted shares were issued to Mr. Gitumal on Jan. 3, 2012 ($75,000/.27) and are scheduled to vest on December 31, 2012.
Documents
Issuer
SIGNATURE GROUP HOLDINGS, INC.
CIK 0000038984
Entity typeother
Related Parties
1- filerCIK 0001495662
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:40 PM ET
- Size
- 5.5 KB