BAMBURG MICHAEL L 4
4 · NOVASTAR FINANCIAL INC · Filed Feb 9, 2005
Insider Transaction Report
Form 4
BAMBURG MICHAEL L
SVP-Chief Investment Officer
Transactions
- Award
Restricted stock
2005-02-07+1,925→ 34,925 totalExercise: $0.00From: 2015-02-07→ NovaStar Financial, Inc. Common Stock (1,925 underlying) - Award
Stock Option
2005-02-07$42.13/sh+1,519$63,995→ 36,444 totalExercise: $42.13From: 2006-02-07Exp: 2015-02-07→ NovaStar Financial, Inc. Common Stock (1,519 underlying) - Award
Performance based restricted stock
2005-02-07+1,925→ 42,925 totalExercise: $0.00→ NovaStar Financial, Inc. Common Stock (1,925 underlying) - Award
Stock Option
2005-02-07$42.13/sh+1,518$63,953→ 41,000 totalExercise: $42.13From: 2009-02-07Exp: 2015-02-07→ NovaStar Financial, Inc. Common Stock (1,518 underlying)
Footnotes (3)
- [F1]Restricted stock is converted to common stock on the exercisable date. Thus, expiration date is not applicable.
- [F2]These shares represent a performance contingent deferred stock award, no shares of the stock will be issued unless the performance objective is achieved within three years of the transaction date.
- [F3]Restricted stock has voting rights and right to recieve dividends at transaction date, but is subject to forfeiture.