KKR Financial Holdings LLC 4
4 · KKR Financial Holdings LLC · Filed Aug 14, 2009
Insider Transaction Report
Form 4
ALDINGER WILLIAM F III
Director
Transactions
- Award
Phantom Shares
2009-08-12$2.79/sh+25,089$69,998→ 31,800 total→ Common Shares (25,089 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 occurence of a change in control of the Company.