HAYES HELEN Y 4
4 · JANUS CAPITAL GROUP INC · Filed Jan 23, 2004
Insider Transaction Report
Form 4
HAYES HELEN Y
Director
Transactions
- Disposition to Issuer
Common Stock
2004-01-23−370,937→ 499,743 total
Holdings
- 43,706.67(indirect: Held by ESOP)
Common Stock
- 26,593
Option (Right to Buy) and LSAR
Exercise: $25.71Exp: 2012-01-27→ Common Stock (26,593 underlying)
Footnotes (5)
- [F1]There is no price for this disposition to the issuer.
- [F2]Includes approximately 23 shares acquired on July 31, 2003 under the issuer's Dividend Reinvestment Plan.
- [F3]Includes 104.77 shares contributed by issuer to reporting person in the second half of 2003 under the Employee Stock Ownership Plan ("ESOP") and reflects total number of shares held in the ESOP as of December 31, 2003.
- [F4]Limited Stock Appreciation Rights ("LSARs") are granted in tandem with stock options. LSARs are automatically exercised (in lieu of related options) upon a change-of-control of the Company which has not been approved by certain members of the Company's board of directors and result in the receipt of only cash by the option holder. LSARs terminate when the related options are exercised or terminated.
- [F5]The option award vests annually in five installments beginning on January 28, 2003; the first three vesting events will be 5,319 options per vesting event, and the last two vesting events will be 5,318 options per vesting event.