4//SEC Filing
Dail Baljit 4
Accession 0001179110-10-004082
CIK 0000315293other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 7:56 PM ET
Size
10.3 KB
Accession
0001179110-10-004082
Insider Transaction Report
Form 4
AON CORPAOC
Dail Baljit
ACW - CEO
Transactions
- Award
Common Stock
2010-02-25+40,432→ 45,186 total - Tax Payment
Common Stock
2010-02-25$40.99/sh−16,452$674,367→ 28,734 total - Award
Restricted Stock Unit Award (Right to Receive)
2010-02-25+8,539→ 8,539 totalFrom: 2011-02-25Exp: 2013-02-25→ Common Stock (8,539 underlying)
Footnotes (5)
- [F1]Represents shares of common stock issued upon the settlement of performance share units originally granted approximately three years ago under the second cycle of the Leadership Performance Program ("LPP2") on March 15, 2007. The number of shares issued was determined by the Organization and Compensation Committee of Aon's Board of Directors on February 25, 2010 based upon Aon's performance relative to a cumulative adjusted three year earnings per share target for the period beginning January 1, 2007 and ending December 31, 2009. In accordance with the terms of LPP2, and the achievement of specified growth targets under LPP2, settlement occurred at 200% of the original target value. The terms of LPP2 are more fully described in a Current Report on Form 8-K filed with the SEC on March 21, 2007, and in the plan document filed as Exhibit 10.2 to Aon's Quarterly Report on Form 10-Q for the quarter ended March 31, 2008 filed with the SEC on May 9, 2008.
- [F2]Shares of common stock withheld by the issuer for the payment of withholding taxes in connection with the settlement of a performance share unit award.
- [F3]The restricted stock unit award converts to shares of common stock on a 1-for-1 basis.
- [F4]The restricted stock unit award will vest in accordance with the terms of the Aon Stock Incentive Plan as follows: 33 1/3% of the awards will vest on each of the first through third anniversaries of the date of grant.
- [F5]Includes shares acquired through dividend reinvestment.
Documents
Issuer
AON CORP
CIK 0000315293
Entity typeother
Related Parties
1- filerCIK 0001431839
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 7:56 PM ET
- Size
- 10.3 KB