Shantz Kent 4
4 · FREMONT MICHIGAN INSURACORP INC · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Shantz Kent
Executive Vice President
Transactions
- Award
Stock Option - Right to Buy
2010-12-30$26.03/sh+1,400$36,442→ 6,606 totalExercise: $26.03Exp: 2020-12-30→ Common Stock (1,400 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.