4//SEC Filing
Fidelity & Guaranty Life 4
Accession 0001209191-16-089114
CIK 0001585064operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:35 PM ET
Size
11.4 KB
Accession
0001209191-16-089114
Insider Transaction Report
Form 4
O'Shaughnessy John P.
SVP, Chief Actuary & CRO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2015-12-31−931→ 0 total→ Common Stock
Holdings
- 5,910
Stock Option (right to buy)
Exercise: $17.00Exp: 2020-12-12→ Common Stock (5,910 underlying) - 8,875
Common Stock
- 2,110
Stock Option (right to buy)
Exercise: $49.45Exp: 2019-12-31→ Common Stock - 3,825
Stock Option (right to buy)
Exercise: $24.87Exp: 2021-12-01→ Common Stock (3,825 underlying)
Footnotes (5)
- [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. 931 restricted stock units vested on December 31, 2015 and will each be settled with a cash payment in the amount of $134.00 per restricted stock unit.
- [F3]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 2,110 shares on December 31, 2013, 2,111 shares on December 31, 2014, and 2,110 shares 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 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
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:35 PM ET
- Size
- 11.4 KB