DUNNING RICHARD 4
4 · FREMONT MICHIGAN INSURACORP INC · Filed Jan 4, 2010
Insider Transaction Report
Form 4
DUNNING RICHARD
DirectorPRESIDENT & CEO
Transactions
- Award
Stock Option - Right to Buy
2009-12-30$26.50/sh+3,000$79,500→ 29,793 totalExercise: $26.50Exp: 2019-12-30→ Common Stock (3,000 underlying)
Footnotes (1)
- [F1]Options vest and become exercisable equally over a 5 year period. Upon retirement from the Company after (i) attaining 65 years of age and (ii) serving as an employee or non-employee director for at least 10 years, all options are deemed vested and exercisable for a period of 90 days after the date of retirement.