4//SEC Filing
Fidelity & Guaranty Life 4
Accession 0001181431-14-037855
CIK 0001585064operating
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 6:56 PM ET
Size
12.1 KB
Accession
0001181431-14-037855
Insider Transaction Report
Form 4
LAUNER LELAND C JR
DirectorPresident and CEO
Transactions
- Award
Stock Option (right to buy)
2014-12-01+70,833→ 70,833 totalExercise: $24.87Exp: 2021-12-01→ Common Stock (70,833 underlying) - Award
Common Stock
2014-12-01+16,635→ 40,974 total
Holdings
- 90,909
Stock Option (right to buy)
Exercise: $49.45Exp: 2019-12-31→ Common Stock - 2,359
Restricted Stock Unit
→ Common Stock - 109,470
Stock Option (right to buy)
Exercise: $17.00Exp: 2020-12-12→ Common Stock (109,470 underlying)
Footnotes (7)
- [F1]Represents a grant of restricted stock under the Issuer's 2013 Stock Incentive Plan, which vests in three equal annual installments on December 1, 2015, 2016 and 2017.
- [F2]Includes restricted stock.
- [F3]Stock option granted pursuant to the Issuer's 2013 Stock Incentive Plan, which meets the requirements of Rule 16b-3.
- [F4]The option vests in three equal annual installments on December 1, 2015, 2016 and 2017, subject to continued employment and service through such date.
- [F5]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. The remaining 2,359 restricted stock units will vest on December 31, 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 became exercisable as to 30,303 shares on December 31, 2013 and 30,303 shares on April 30, 2014. The remaining 30,303 shares will become exercisable on December 31, 2015.
- [F7]The option vests in equal annual installments on December 12, 2014, 2015 and 2016, subject to continued employment and 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, 6:56 PM ET
- Size
- 12.1 KB