ZENITH NATIONAL INSURANCE CORP 4
4 · ZENITH NATIONAL INSURANCE CORP · Filed Dec 4, 2009
Insider Transaction Report
Form 4
VANGUNDY KARI
Exec. Vice President & CFO
Transactions
- Award
Common Stock
2009-12-02+5,000→ 45,629 total
Holdings
- 728(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Award of restricted stock with performance-based vesting provisions. Restrictions will lapse only if the workers' compensation combined ratio of the Issuer for the three years ending December 31, 2012 is at least five percentage points below the industry average for the same three-year period.
- [F2]Includes approximately 585 shares (rounded to a whole number) of common stock acquired since the last Form 4 filed through December 2, 2009 (the latest practicable date for which such information is available) by the reporting person through payroll deductions and company's matching contributions in Zenith National Insurance Corp.'s employee stock purchase plan in transactions exempt from Section 16(b) under Rule 16b-3(c).
- [F3]Represents approximate number of shares (rounded to a whole number) of common stock allocated to the reporting person's account in the Zenith National Insurance Corp. 401(k) Plan as of December 2, 2009, the latest practicable date for which such information is available.