RUBIN RICHARD A 4
4 · SIGNATURE GROUP HOLDINGS INC · Filed Oct 29, 2010
Insider Transaction Report
Form 4
SIGNATURE GROUP HOLDINGS INCSGGH.PK
RUBIN RICHARD A
Director
Transactions
- Award
Common Stock
2010-10-27$0.83/sh+45,181$37,500→ 45,181 total
Holdings
- 3,580,500(indirect: Investment Advisor to Hawkeye Capital Master fund, the shareholder)
Common Stock
Footnotes (2)
- [F1]The shares are owned by Hawkeye Capital Master for whch Hawkeye Capital Management is its investment advisor, for which the Reporting Person is a Founder and Managing member.
- [F2]On October 27, 2010, the Board of Directors of Signature Group Holdings, Inc. approved a compensation package for each of it's independent Directors which includes annual compensation of $75,000 of restricted stock. The restricted stock shall vest at the end of each year of the grant, subject to immediate vesting in the event of a change of control. The initial grants were issued on October 27, 2010 in the amount of $37,500 for each independent Director for the period relating to their services from June 11, 2010 through December 31, 2010 which shall be deemed vested on January 1, 2011.