4//SEC Filing
Cassidy Edward W 4
Accession 0001225208-10-009204
CIK 0001129633other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 5:00 PM ET
Size
19.4 KB
Accession
0001225208-10-009204
Insider Transaction Report
Form 4
Cassidy Edward W
Executive Vice President
Transactions
- Exercise/Conversion
Common
2010-03-30+16,804.043→ 24,926.437 total - Tax Payment
Restricted Stock Units (Employment)
2010-03-30−8,259→ 16,804.043 total→ Common (8,259 underlying) - Exercise/Conversion
Restricted Stock Units (Employment)
2010-03-30−16,804.043→ 0 total→ Common (16,804.043 underlying)
Holdings
- 62,054.128(indirect: By 401(k))
Common
- 23,980
Restricted Stock Units (021308)
→ Common (23,980 underlying) - 28,989
Stock Option (Right to Buy)
Exercise: $9.53Exp: 2018-03-05→ Common (28,989 underlying) - 17,393
Stock Option (Right to Buy)
Exercise: $12.54Exp: 2017-02-08→ Common (17,393 underlying) - 59,949
Stock Option (Right to Buy)
Exercise: $9.84Exp: 2018-02-13→ Common (59,949 underlying) - 14,787.877
Stock Option (Right to Buy)
Exercise: $2.84Exp: 2020-03-08→ Common (14,787.877 underlying) - 11,295.415
Restricted Stock Units (Deferral)
→ Common (11,295.415 underlying)
Footnotes (6)
- [F1]Represents the Reporting Person's pro rata portion of the stock held in the PNX Common Stock Fund as of the date of the event requiring statement pursuant to the Phoenix Savings and Investment Plan. This information is based on information provided by the Plan Trustee as of that date.
- [F2]Pursuant to the terms of Mr. Cassidy's employment, he received 25,063.043 Restricted Stock Units ("RSUs"), each representing one share of stock. The RSUs vest on the earlier of (a) March 30, 2010 or (b) a change in control and a termination of Mr. Cassidy's employment other than for cause. In the event the RSUs vest, the underlying shares of common stock will immediately become deliverable, without consideration. Thereafter, the terms of Mr. Cassidy's employment will require him to retain a fixed percentage of the shares in accordance with the ownership levels applicable to him under the Company's stock ownership and retention guidelines. Additionally, pro rata vesting would apply in the event of involuntary termination other than for cause or termination due to death, disability or approved retirement.
- [F3]The Restricted Stock Units ("RSUs") represent a portion of the Reporting Person's 2008 long-term incentive award, and each RSU represents one share of stock. The RSUs vest on the earlier of (a) February 13, 2011 or (b) a change of control and a termination of the Reporting Person's employment other than for cause. In the event the RSUs vest, the underlying shares of stock will immediately become deliverable, without consideration. Thereafter, the terms of the Reporting Person's employment will require the Reporting Person to retain a fixed percentage of the shares in accordance with the ownership levels applicable to the Reporting Person under the Company's stock ownership and retention guidelines. Additionally, pro rata vesting would apply in the event of involuntary termination other than for cause or termination due to death, disability or approved retirement.
- [F4]Pursuant to the terms of the Reporting Person's employment, the Reporting Person previously received the reported restricted stock units ("RSUs"), each RSU representing one share of stock. The underlying shares of common stock thereafter became deliverable, without consideration. Pursuant to a previous election, the Reporting Person deferred receipt of shares for the RSUs.
- [F5]The options vested in approximately three equal installments on each of the first three anniversaries of the grant.
- [F6]The options vest in approximately three equal installments on each of the first three anniversaries of the grant.
Documents
Issuer
PHOENIX COMPANIES INC/DE
CIK 0001129633
Entity typeother
Related Parties
1- filerCIK 0001476706
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 5:00 PM ET
- Size
- 19.4 KB