4//SEC Filing
Young Wendy J.B. 4
Accession 0001209191-20-033875
CIK 0001668428other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 1:40 PM ET
Size
21.1 KB
Accession
0001209191-20-033875
Insider Transaction Report
Form 4
Young Wendy J.B.
Chief Risk Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2020-06-01−193,822→ 0 totalExercise: $10.00Exp: 2025-05-15→ Ordinary Shares (193,822 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2020-06-01−23,335→ 0 totalExercise: $7.16Exp: 2026-08-06→ Ordinary Shares (23,335 underlying) - Disposition to Issuer
Ordinary Shares
2020-06-01−7,160→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2020-06-01−145,367→ 0 totalExercise: $10.00Exp: 2025-05-15→ Ordinary Shares (145,367 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2020-06-01−31,112→ 0 totalExercise: $7.16Exp: 2026-08-06→ Ordinary Shares (31,112 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2020-06-01−31,113→ 0 totalExercise: $7.16Exp: 2026-08-06→ Ordinary Shares (31,113 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2020-06-01−64,415→ 0 totalExercise: $10.00Exp: 2025-05-15→ Ordinary Shares (64,415 underlying)
Footnotes (8)
- [F1]Issuer and Fidelity National Financial, Inc. ("FNF") entered into an Agreement and Plan of Merger dated effective February 7, 2020 (the "Merger Agreement"), pursuant to which FNF acquired Issuer on June 1, 2020 (the "Merger"). Each Ordinary Share (including restricted shares that converted into Ordinary Shares in connection with the Merger) was disposed of in exchange for the right to receive $12.50 in cash or 0.2558 shares of FNF Common Stock on the effective date of the Merger, all in accordance with the Merger Agreement.
- [F2]Stock option to buy 242,278 shares was granted pursuant to the 2017 Omnibus Incentive Plan and vests in five equal annual installments beginning on March 15, 2019.
- [F3]The unexercised portion of this option was converted in the Merger into an option to purchase shares of FNF Common Stock, all in accordance with the Merger Agreement.
- [F4]Stock option to buy 242,277 shares was granted pursuant to the 2017 Omnibus Incentive Plan and becomes exercisable, if at all, in five equal installments upon the later of (a) the average daily closing price of the Issuer's ordinary shares during any 20 consecutive trading days meeting or exceeding five specified price hurdles of $11, $12.75, $14.75, $17 and $20, respectively, and (b) the end of five one year periods ending March 15, 2019, 2020, 2021, 2022 and 2023, respectively.
- [F5]Stock option to buy 64,415 shares was granted pursuant to the 2017 Omnibus Incentive Plan and becomes exercisable, if at all, in five equal annual installments if the average daily closing price of the Issuer's ordinary shares for 20 consecutive trading days meets or exceeds specified annual price hurdles of $12 for the one year period ending March 15, 2019, $14.50 for the one year period ending March 15, 2020, $17 for the one year period ending March 15, 2021, $21 for the one year period ending March 15, 2022 and $25 for the one year period ending March 15, 2023, respectively.
- [F6]Stock option to buy 31,113 shares was granted pursuant to the 2017 Omnibus Incentive Plan and vests in four equal annual installments beginning on March 15, 2020.
- [F7]Stock option to buy 31,112 shares was granted pursuant to the 2017 Omnibus Incentive Plan and becomes exercisable, if at all, in four equal installments upon the later of (a) the average daily closing price of the Issuer's ordinary shares during any 20 consecutive trading days meeting or exceeding four specified price hurdles of $12.75, $14.75, $17 and $20, respectively, or (b) the end of four one year periods ending March 15, 2020, 2021, 2022, and 2023, respectively.
- [F8]Stock option to buy 31,113 shares was granted pursuant to the 2017 Omnibus Incentive Plan and becomes exercisable, if at all, in three equal annual installments if the Issuer's return on equity meets or exceeds specified annual hurdles of 15.50% for the one year period ending December 31, 2020, 15.75% for the one year period ending December 31, 2021, and 16.00% for the one year period ending December 31, 2022.
Documents
Issuer
FGL Holdings
CIK 0001668428
Entity typeother
Related Parties
1- filerCIK 0001591222
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 1:40 PM ET
- Size
- 21.1 KB