deRegt Kenneth Michael 4
4 · KKR Financial Holdings LLC · Filed Oct 16, 2007
Insider Transaction Report
Form 4
deRegt Kenneth Michael
Director
Transactions
- Award
Phantom Shares
2007-10-16$18.92/sh+1,477.01$27,945→ 4,950.12 total→ Common Shares (1,477.01 underlying)
Footnotes (1)
- [F1]Each phantom share is the economic equivalent of one common share. The phantom shares become payable, in cash or common shares, at the election of the Company, upon the earlier of (i) the first day of January following the reporting person's termination of service as a director or (ii) an election date pre-selected by the reporting person, and in any event in cash or common shares, at the election of the reporting person, upon the occurrence of a change in control of the Company.