COHN KEVIN P 4
4 · FIRST ACCEPTANCE CORP /DE/ · Filed Nov 20, 2009
Insider Transaction Report
Form 4
COHN KEVIN P
Sr. Vice President & CFO
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-11-18−100,000→ 0 totalExercise: $11.13Exp: 2016-10-09→ Common Stock (100,000 underlying) - Award
Common Stock
2009-11-18+27,847→ 27,847 total
Footnotes (2)
- [F1]On November 18, 2009, the issuer canceled, pursuant to a value-for-value option exchange, an option granted to the reporting person on October 9, 2006. In exchange for the option, the reporting person received 27,847 shares of restricted stock.
- [F2]The canceled option provided for vesting in four equal, annual installments beginning on October 9, 2007.