Cordeiro Barry G 4
4 · Specialty Underwriters Alliance, Inc. · Filed Apr 7, 2009
Insider Transaction Report
Form 4
Cordeiro Barry G
SVP & Chief Information Off.
Transactions
- Exercise/Conversion
Common Stock
2009-04-04+4,800→ 47,710 total - Tax Payment
Common Stock
2009-04-04$3.45/sh−1,413$4,875→ 46,297 total - Exercise/Conversion
Restricted Stock Unit
2009-04-04−4,800→ 19,200 total→ Common Stock (4,800 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Specialty Underwriters' Alliance, Inc. common stock.
- [F2]The remaining 19,200 restricted stock units granted on 4/4/2008 vest equally over the next four anniversaries of the grant date.