Fidelity & Guaranty Life 4
4 · Fidelity & Guaranty Life · Filed Jan 3, 2014
Insider Transaction Report
Form 4
Fleming Christopher
SVP, Operations & Technology
Transactions
- Exercise/Conversion
Employee Restricted Stock Unit
2013-12-31−731→ 1,461 total→ Common Stock
Footnotes (1)
- [F1]Each restricted stock unit is the economic equivalent of one share of Class B Common Stock of Fidelity & Guaranty Life Holdings, Inc., a wholly owned subsidiary of the Issuer (the "F&G Subsidiary"). Each restricted stock unit will be settled upon vesting in cash in an amount equal to the fair market value of a share of Class B Common Stock of the F&G Subsidiary. It is expected that the fair market value of a share of Class B Common Stock of the F&G Subsidiary will be derived from the value of the Common Stock of the Issuer. 731 restricted stock units vested on December 31, 2013 and will each be settled with a cash payment in the amount of $83.67 per restricted stock unit. Of the remaining restricted stock units, 730 will vest on December 31, 2014 and 731 will vest on December 31, 2015.