4//SEC Filing
Fidelity & Guaranty Life 4
Accession 0001209191-15-031876
CIK 0001585064operating
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:11 PM ET
Size
13.2 KB
Accession
0001209191-15-031876
Insider Transaction Report
Form 4
Melchionni William P.
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2015-04-01−59→ 58 total→ Common Stock
Holdings
- 9,025
Common Stock
- 2,205
Stock Option (right to buy)
Exercise: $24.87Exp: 2021-12-01→ Common Stock (2,205 underlying) - 3,408
Stock Option (right to buy)
Exercise: $17.00Exp: 2020-12-12→ Common Stock (3,408 underlying) - 200
Stock Option (right to buy)
Exercise: $61.15Exp: 2020-04-01→ Common Stock - 167
Stock Option (right to buy)
Exercise: $46.82Exp: 2019-04-01→ Common Stock
Footnotes (6)
- [F1]Includes restricted stock.
- [F2]Each restricted stock unit is the economic equivalent of one share of Class B Common Stock of Fidelity & Guaranty Life Holdings, Inc., a wholly owned subsidiary of the Issuer (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 vested on April 1, 2015 and will each be settled in a cash payment in the amount of $103.76 per restricted stock unit. The remaining 58 restricted stock units will vest on April 1, 2016.
- [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 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 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 the 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, 100 shares on April 1, 2015, and will become exercisable as to 100 shares on April 1, 2016.
- [F6]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
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 7:11 PM ET
- Size
- 13.2 KB