BERKO EDWARD M 4
4 · PROTECTIVE LIFE CORP · Filed Mar 2, 2010
Insider Transaction Report
Form 4
BERKO EDWARD M
EVP and Chief Risk Officer
Transactions
- Award
SAR
2010-02-26+4,084→ 4,084 totalExercise: $18.36From: 2011-02-26Exp: 2020-02-26→ Common Stock (4,084 underlying) - Award
Common Stock
2010-02-26$18.36/sh+12,500$229,500→ 17,500 total - Award
SAR
2010-02-26+4,083→ 4,083 totalExercise: $18.36From: 2012-02-26Exp: 2020-02-26→ Common Stock (4,083 underlying) - Award
SAR
2010-02-26+4,083→ 4,083 totalExercise: $18.36From: 2013-02-26Exp: 2020-02-26→ Common Stock (4,083 underlying)
Footnotes (2)
- [F1]12,500 Resticcted Stock units awarded under Protective Life Corporation Long-Term Incentive Plan in transaction exempt under Rule 16b-3. 50% will vest in each of 2013 and 2014, subject to the terms of the Plan
- [F2]Stock Appreciation Right awarded under the PLC Long-Term Incentive Plan in transaction exempt under Rule 16b-3 becoming exercisable in equal installments over 3 years beginning 2/26/11, subject to the terms of the Plan.