Fay George R. 4
4 · CNA FINANCIAL CORP · Filed Feb 15, 2013
Insider Transaction Report
Form 4
Fay George R.
EVP, Worldwide P&C Claim
Transactions
- Award
Common Stock
2013-02-13$31.97/sh+10,000$319,700→ 15,471 total - Tax Payment
Common Stock
2013-02-13$31.97/sh−2,070$66,178→ 13,401 total - Exercise/Conversion
Stock Appreciation Rights
2013-02-13−10,000→ 0 totalExercise: $11.51Exp: 2019-02-04→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]The Reporting Person exercised 10,000 Stock Appreciation Rights and as such received a gain of 6,399 shares of the issuers common stock.
- [F2]The Company's Incentive Compensation Plan (as amended as of January 1, 2010) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.
- [F3]The option became exercisable in four equal annual installments beginning on February 4, 2010.
- [F4]The Reporting Person received the Stock Appreciation Rights at no cost.