THOMAS GREGORY C 4
4 · INFINITY PROPERTY & CASUALTY CORP · Filed Feb 16, 2011
Insider Transaction Report
Form 4
THOMAS GREGORY C
Director
Transactions
- Exercise/Conversion
Non-Employee Stock Option (Right to Buy)
2011-02-15−1,400→ 0 totalExercise: $33.58From: 2004-02-13Exp: 2014-02-13→ Common Stock (1,400 underlying) - Exercise/Conversion
Common Stock
2011-02-14$33.58/sh+1,100$36,938→ 8,186 total - Exercise/Conversion
Common Stock
2011-02-15$33.58/sh+1,400$47,012→ 8,808 total - Tax Payment
Common Stock
2011-02-15$60.41/sh−778$47,003→ 7,408 total - Exercise/Conversion
Non-Employee Stock Option (Right to Buy)
2011-02-14−1,100→ 1,400 totalExercise: $33.58From: 2004-02-13Exp: 2014-02-13→ Common Stock (1,100 underlying)
Footnotes (2)
- [F1]As permitted under the terms of the Amended and Restated 2002 Stock Option Plan (the "Plan"), the reporting person tendered 778 shares of common stock to the issuer as partial consideration for the exercise of the Non-Employee Stock Option on February 15, 2011.
- [F2]Pursuant to the terms of the Plan, the price was determined by reference to the average of the closing bid and ask prices on the last trading date prior to the date of tender.