DOUGHERTY MICHAEL A 4
4 · CNA SURETY CORP · Filed Jun 14, 2011
Insider Transaction Report
Form 4
DOUGHERTY MICHAEL A
SVP & CIO
Transactions
- Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$14.49/sh−4,650$67,379→ 0 totalExercise: $12.06Exp: 2014-11-09→ Common Stock (4,650 underlying) - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$12.23/sh−5,200$63,596→ 0 totalExercise: $14.32Exp: 2020-02-05→ Common Stock (5,200 underlying) - Disposition to Issuer
Common Stock
2011-06-10−8,744→ 0 total - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$17.20/sh−1,950$33,540→ 0 totalExercise: $9.35Exp: 2012-11-19→ Common Stock (1,950 underlying) - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$5.85/sh−3,600$21,060→ 0 totalExercise: $20.70Exp: 2017-02-13→ Common Stock (3,600 underlying) - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$10.20/sh−4,900$49,980→ 0 totalExercise: $16.35Exp: 2018-02-08→ Common Stock (4,900 underlying) - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$7.70/sh−4,000$30,800→ 0 totalExercise: $18.85Exp: 2019-02-06→ Common Stock (4,000 underlying) - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$17.13/sh−3,850$65,951→ 0 totalExercise: $9.42Exp: 2013-11-11→ Common Stock (3,850 underlying) - Disposition to Issuer
CNA Surety Common Stock Option
2011-06-10$13.48/sh−5,500$74,140→ 0 totalExercise: $13.07Exp: 2015-10-25→ Common Stock (5,500 underlying)
Footnotes (2)
- [F1]Represents (1) 1,844 shares of restricted stock, which are vested in four equal installments on each of the first four anniversaries of the grant date, and (2) 6,900 shares of common stock, all of which were canceled in the merger in exchange for a cash payment equal to $26.55, multiplied by the number of shares of common or restricted.
- [F2]The options, which are vested and exercisable in four equal installments on each of the first four anniversaries of the grant date, were canceled in the merger in exchange for a cash payment equal to the difference between $26.55 and the exercise price of such options, multiplied by the number of shares subject to the options.