4//SEC Filing
AFFIRMATIVE INSURANCE HOLDINGS INC 4
Accession 0001181431-13-049377
CIK 0001282543operating
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 3:14 PM ET
Size
7.0 KB
Accession
0001181431-13-049377
Insider Transaction Report
Form 4
Kusumi Gary Y
DirectorChairman & CEO
Transactions
- Award
Non-Qualified Stock Option (Right to Purchase)
2013-09-15+250,000→ 250,000 totalExercise: $1.76From: 2014-09-15Exp: 2023-09-15→ Common Stock, $0.01 par value (250,000 underlying)
Footnotes (1)
- [F1]The option vests in 3 installments over a 3-year period: 83,333 on 9/15/2014; 83,333 on 9/15/2015; and 83,334 on 9/15/2016. The option further provides that if the reporting person's Continuous Service is terminated for any reason except death, disability or for cause, the option, to the extent that it is exercisable on the date of such termination, may be exercised no later than the later of: (a) September 30, 2015; or (b) three (3) months after the date of termination, provided that in no event shall the option be exercisable later than September 15, 2023.
Issuer
AFFIRMATIVE INSURANCE HOLDINGS INC
CIK 0001282543
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001282543
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 3:14 PM ET
- Size
- 7.0 KB