CASTRO JORGE G 4
4 · INFINITY PROPERTY & CASUALTY CORP · Filed Feb 22, 2011
Insider Transaction Report
Form 4
CASTRO JORGE G
Director
Transactions
- Exercise/Conversion
Common Stock
2011-02-18$33.58/sh+2,500$83,950→ 8,536 total - Exercise/Conversion
Non-Employee Stock Option (Right to Buy)
2011-02-18−2,500→ 0 totalExercise: $33.58From: 2004-02-13Exp: 2014-02-13→ Common Stock (2,500 underlying) - Tax Payment
Common Stock
2011-02-18$61.99/sh−1,354$83,934→ 7,182 total
Footnotes (2)
- [F1]As permitted under the terms of the Amended and Restated 2002 Stock Option Plan (the "Plan"), the reporting person surrendered his right to receive 1354 shares of common stock in consideration of the exercise price of the Non-Employee Stock Option.
- [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 thereto.