4//SEC Filing
Fidelity & Guaranty Life 4
Accession 0001181431-14-037852
CIK 0001585064operating
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 6:53 PM ET
Size
14.3 KB
Accession
0001181431-14-037852
Insider Transaction Report
Form 4
Melchionni William P.
Director
Transactions
- Award
Common Stock
2014-12-01+2,562→ 10,170 total - Award
Stock Option (right to buy)
2014-12-01+2,205→ 2,205 totalExercise: $24.87Exp: 2021-12-01→ Common Stock (2,205 underlying)
Holdings
- 167
Stock Option (right to buy)
Exercise: $46.82Exp: 2019-04-01→ Common Stock - 200
Stock Option (right to buy)
Exercise: $61.15Exp: 2020-04-01→ Common Stock - 3,408
Stock Option (right to buy)
Exercise: $17.00Exp: 2020-12-12→ Common Stock (3,408 underlying) - 117
Restricted Stock Unit
→ Common Stock
Footnotes (8)
- [F1]Represents a grant of restricted stock under the Issuer's 2013 Stock Incentive Plan (the "Omnibus Plan") to occur on the date as of which the Issuer obtains stockholder approval of an amendment to the Omnibus Plan. The restricted stock grant will vest in three equal annual installments on December 1, 2015, 2016 and 2017.
- [F2]Includes restricted stock.
- [F3]Stock option granted pursuant to the Omnibus Plan to occur on the date as of which the Issuer obtains stockholder approval of an amendment to the Omnibus Plan.
- [F4]The option vests in three equal installments on December 1, 2015, 2016 and 2017, subject to continued service through such date.
- [F5]The option entitles the reporting person to receive, upon exercise a cash payment equal to the excess of the fair market value of a share of Class A Common Stock of Fidelity & Guaranty Life Holdings, Inc., a wholly owned subsidiary of the Issuer (the "F&G Subsidiary"), over the exercise price of the option. It is expected that the fair market value of a share of Class A Common Stock of the F&G Subsidiary will be derived from the value of the Common Stock of the Issuer. The option became exercisable as to 167 shares on April 1, 2013 and 166 shares on April 1, 2014, and will become exercisable as to the remaining 167 shares on April 1, 2015.
- [F6]The option entitles the reporting person to receive, upon exercise, a cash payment equal to the excess of the fair market value of a share of Class B Common Stock of the F&G Subsidiary over the exercise price of the option. 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. The option will became exercisable as to 100 shares on April 1, 2014, and will become exercisable as to 100 shares on April 1, 2015 and 100 shares on April 1, 2016.
- [F7]Each restricted stock unit is the economic equivalent of one share of Class B Common Stock of 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. 59 restricted stock units will vest on April 1, 2015 and 58 restricted stock units will vest on April 1, 2016.
- [F8]The option vests in three equal annual installments on December 12, 2014, 2015 and 2016, subject to continued service through such date.
Documents
Issuer
Fidelity & Guaranty Life
CIK 0001585064
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001585064
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 6:53 PM ET
- Size
- 14.3 KB