Rohan Daniel 4
4 · Specialty Underwriters Alliance, Inc. · Filed Apr 7, 2009
Insider Transaction Report
Form 4
Rohan Daniel
Vice President and Controller
Transactions
- Exercise/Conversion
Common Stock
2009-04-04−3,200→ 5,200 total - Tax Payment
Common Stock
2008-04-04$3.45/sh−1,140$3,933→ 4,060 total - Exercise/Conversion
Restricted Stock Unit
2009-04-04−3,200→ 12,800 total→ Common Stock (3,200 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 12,800 restricted stock units granted on 4/4/2008 vest equally over the next four anniversaries of the grant date.