SIGNATURE GROUP HOLDINGS, INC. 4
4 · SIGNATURE GROUP HOLDINGS, INC. · Filed Mar 3, 2015
Insider Transaction Report
Form 4
Ross Kyle
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2015-02-27$5.64/sh+4,665$26,311→ 88,582 total - Exercise/Conversion
Subscription Rights (right to buy)
2015-02-27−8,300→ 0 totalExercise: $5.64From: 2015-01-28Exp: 2015-02-20→ Common Stock (4,665 underlying) - Award
Common Stock
2015-02-27+18,724→ 83,917 total
Footnotes (2)
- [F1]Shares were granted and issued effective February 27, 2015 ("Grant Date") pursuant to the Amended and Restated Signature Group Holdings, Inc. 2006 Performance Incentive Plan as a discretionary bonus approved by the Board of Directors on February 25, 2015. The number of shares granted represents an amount of $131,255 divided by $7.01, the last sale price of the common stock on the Grant Date.
- [F2]Includes 18,724 shares of restricted stock which will vest in three equal installments on the next three anniversary dates of the grant date, ending on February 27, 2018.