4//SEC Filing
Fidelity & Guaranty Life 4
Accession 0001209191-15-085218
CIK 0001585064operating
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 2:06 PM ET
Size
13.4 KB
Accession
0001209191-15-085218
Insider Transaction Report
Form 4
Boehm Rosanne
SVP, Human Resources
Transactions
- Tax Payment
Common Stock
2015-12-12$25.78/sh−676$17,427→ 7,237 total
Holdings
- 567
Restricted Stock Unit
→ Common Stock - 2,940
Stock Option (right to buy)
Exercise: $24.87Exp: 2021-12-01→ Common Stock (2,940 underlying) - 3,857
Stock Option (right to buy)
Exercise: $49.45Exp: 2019-12-31→ Common Stock - 4,545
Stock Option (right to buy)
Exercise: $17.00Exp: 2020-12-12→ Common Stock (4,545 underlying) - 2,040
Stock Option (right to buy)
Exercise: $38.14Exp: 2018-11-02→ Common Stock
Footnotes (7)
- [F1]Represents the withholding by the Issuer of restricted stock to satisfy the reporting person's tax withholding obligations upon the vesting of restricted stock, which has been approved pursuant to the requirements of Rule 16b-3.
- [F2]Includes restricted stock.
- [F3]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. The remaining restricted stock units will vest on December 31, 2015.
- [F4]The option vests in three equal annual installments on December 1, 2015, 2016 and 2017, subject to continued employment through such date.
- [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 A 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 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 1,013 shares on November 2, 2012, 1,014 shares on November 2, 2013, and 1,013 shares on November 2, 2014.
- [F6]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 1,286 shares on December 31, 2013, 1,285 shares on December 31, 2014, and will become exercisable as to 1,286 shares on December 31, 2015.
- [F7]The option vests in three equal annual installments on December 12, 2014, 2015 and 2016, subject to continued employment through such date.
Documents
Issuer
Fidelity & Guaranty Life
CIK 0001585064
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001585064
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 2:06 PM ET
- Size
- 13.4 KB