4//SEC Filing
Jeter Thomas Harrison 4
Accession 0001209191-11-010953
CIK 0000935724other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 1:13 PM ET
Size
9.1 KB
Accession
0001209191-11-010953
Insider Transaction Report
Form 4
Jeter Thomas Harrison
SVP, CAO, Controller
Transactions
- Award
Restricted Stock Units
2011-02-16+36,000→ 36,000 totalExp: 2016-02-16→ Common Stock (36,000 underlying) - Award
Stock Option
2011-02-16+29,000→ 29,000 totalExercise: $3.18Exp: 2021-02-16→ Common Stock (29,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit was granted under The PMI Group, Inc. Equity Incentive Plan, exempt under Rule 16b-3, and represents a contingent right to receive one share of PMI common stock upon vesting.
- [F2]Granted under The PMI Group, Inc. Equity Incentive Plan, exempt under Rule 16b-3. The restricted stock units vest in three equal annual installments beginning February 16, 2012, provided that the closing market price of PMI common stock ("Stock Price") exceeds the Stock Price on February 16, 2011 ($3.18 per share), for the 30 consecutive trading days prior to the anniversary of the grant date. Once an anniversary of the grant date has passed, if the Stock Price exceeds $3.18 for 30 consecutive trading days, the installment that would have vested on the anniversary but for the performance requirement will then vest. If the Stock Price does not exceed $3.18 per share during any 30 consecutive trading day period beginning 30 trading days before the anniversary of the grant date and ending on the fifth anniversary of the grant date, unvested restricted stock units will be cancelled.
- [F3]Granted under The PMI Group, Inc. Equity Incentive Plan, exempt under Rule 16b-3. Stock options are exercisable in three equal annual installments beginning February 16, 2012.
Documents
Issuer
PMI GROUP INC
CIK 0000935724
Entity typeother
Related Parties
1- filerCIK 0001327341
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 1:13 PM ET
- Size
- 9.1 KB