4//SEC Filing
Fidelity & Guaranty Life 4
Accession 0001209191-15-013291
CIK 0001585064operating
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 1:35 PM ET
Size
13.4 KB
Accession
0001209191-15-013291
Insider Transaction Report
Form 4
Melchionni William P.
Director
Transactions
- Award
Common Stock
2015-02-11+355→ 10,525 total
Holdings
- 2,205
Stock Option (right to buy)
Exercise: $24.87Exp: 2021-12-01→ Common Stock (2,205 underlying) - 167
Stock Option (right to buy)
Exercise: $46.82Exp: 2019-04-01→ Common Stock - 200
Stock Option (right to buy)
Exercise: $61.15Exp: 2020-04-01→ Common Stock - 117
Restricted Stock Unit
→ Common Stock - 3,408
Stock Option (right to buy)
Exercise: $17.00Exp: 2020-12-12→ Common Stock (3,408 underlying)
Footnotes (7)
- [F1]Issued pursuant to the Issuer's 2013 Stock Incentive Plan, as amended, to the reporting person in lieu of a director retainer fee for board service.
- [F2]Includes restricted stock.
- [F3]The option vests in three equal annual installments on December 1, 2015, 2016 and 2017, subject to continued service through such date.
- [F4]The option entitles the reporting person to receive, upon exercise, a cash payment equal to the excess of the fair market value of a share of Class A Common Stock of Fidelity & Guaranty Life Holdings, Inc., a wholly owned subsidiary of the Issuer (the "F&G Subsidiary"), over the exercise price of the option. It is expected that the fair market value of a share of Class A Common Stock of the F&G Subsidiary will be derived from the value of the Common Stock of the Issuer. The option became exercisable as to 167 shares on April 1, 2013 and 166 shares on April 1, 2014, and will become exercisable as to the remaining 167 shares on April 1, 2015.
- [F5]The option entitles the reporting person to receive, upon exercise, a cash payment equal to the excess of the fair market value of a share of Class B Common Stock of F&G Subsidiary, over the exercise price of the option. It is expected that the fair market value of a share of Class B Common Stock of the F&G Subsidiary will be derived from the value of the Common Stock of the Issuer. The option became exercisable as to 100 shares on April 1, 2014, and will become exercisable as to 100 shares on April 1, 2015 and 100 shares on April 1, 2016.
- [F6]Each restricted stock unit is the economic equivalent of one share of Class B Common Stock of the F&G Subsidiary. Each restricted stock unit will be settled upon vesting in cash in an amount equal to the fair market value of one share of Class B Common Stock of the F&G Subsidiary. It is expected that the fair market value of a share of Class B Common Stock of the F&G Subsidiary will be derived from the value of the Common Stock of the Issuer. 59 restricted stock units will vest on April 1, 2015 and 58 restricted stock units will vest on April 1, 2016.
- [F7]The option vests in three equal annual installments on December 12, 2014, 2015 and 2016, subject to continued service through such date.
Documents
Issuer
Fidelity & Guaranty Life
CIK 0001585064
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001585064
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 1:35 PM ET
- Size
- 13.4 KB