MOSELEY WENDELL L 4
4 · SCPIE HOLDINGS INC · Filed Jun 26, 2006
Insider Transaction Report
Form 4
MOSELEY WENDELL L
Director
Transactions
- Award
Deferred Stock Units
2006-06-22+2,000→ 6,000 total
Holdings
- 16,470
common stock
Footnotes (1)
- [F1]The reporting person received an award of 2,000 shares of deferred stock and dividend equivalents pursuant to the 2003 Amended and Restated Equity Participation Plan of SCPIE Holdings Inc. Each share of deferred stock represents the reporting person's right to receive a share of SCPIE Holdings Inc ("SCPIE") common stock upon distribution of his stock account. Distribution will occur upon the reporting person's termination of service with SCPIE, their death, or SCPIE's change of control. The deferred stock will vest on the earliest to occur of (i) June 22, 2007, (ii) the reporting person's death, disability or early retirement with the consent of the Board of Directors of SCPIE, or (iii) SCPIE's change of control.