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5//SEC Filing

NATIONAL SECURITY GROUP INC 5

Accession 0001140361-13-007312

CIK 0000865058operating

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 4:06 PM ET

Size

8.6 KB

Accession

0001140361-13-007312

Insider Transaction Report

Form 5
Period: 2012-12-31
Transactions
  • Other

    Phantom Stock Units

    2012-02-29$9.10/sh+2$18144 total
    Exercise: $9.10Phantom Stock Units (2 underlying)
  • Other

    Phantom Stock Units

    2012-02-29$9.10/sh144$1,3100 total
    Exercise: $9.10Phantom Stock Units (144 underlying)
Footnotes (3)
  • [F1]The phantom stock units were awarded under the nonqualified deferred compensation plan in which directors could elect to defer their directors' fees by receiving phantom stock units payable in cash upon separation from service from the board. These shares were acquired during the fiscal year pursuant to the dividend reinvestment component of the nonqualified deferred compensation plan which was frozen 12/31/2004.
  • [F2]The phantom stock units were awarded under the nonqualified deferred compensation plan in which directors could elect to defer their directors' fees by receiving phantom stock units payable in cash upon separation from service from the board. The plan was frozen on 12/31/2004. These shares were disposed of and distributed in cash.
  • [F3]Upon separation from service from the Board, phantom stock units will be settled in cash at the then current market price of common stock.

Documents

1 file

Issuer

NATIONAL SECURITY GROUP INC

CIK 0000865058

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000865058

Filing Metadata

Form type
5
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:06 PM ET
Size
8.6 KB