HOFMANN PETER A 4
4 · PHOENIX COMPANIES INC/DE · Filed Feb 15, 2011
Insider Transaction Report
Form 4
HOFMANN PETER A
SrEVP & CFO
Transactions
- Exercise/Conversion
Common
2011-02-11+21,614.468→ 96,052.439 total - Tax Payment
Common
2011-02-11$2.67/sh−8,030$21,440→ 88,022.439 total - Exercise/Conversion
Restricted Stock Units (021308)
2011-02-11−21,614.468→ 0 total→ Common (21,614.468 underlying)
Holdings
- 15,712.119
Stock Option (Right to Buy)
Exercise: $2.84Exp: 2020-03-08→ Common (15,712.119 underlying) - 5,797
Stock Option (Right to Buy)
Exercise: $13.98Exp: 2012-06-25→ Common (5,797 underlying) - 22,847.187(indirect: By 401(k))
Common
- 28,988
Stock Option (Right to Buy)
Exercise: $12.54Exp: 2017-02-08→ Common (28,988 underlying) - 54,037
Stock Option (Right to Buy)
Exercise: $9.84Exp: 2018-02-13→ Common (54,037 underlying) - 40,585
Stock Option (Right to Buy)
Exercise: $10.79Exp: 2014-04-29→ Common (40,585 underlying)
Footnotes (5)
- [F1]Includes 1,324.950 shares acquired through The Phoenix Employee Stock Purchase Plan.
- [F2]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.
- [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]The options vested in approximately three equal installments on each of the first three anniversaries of the grant.
- [F5]The options vest in approximately three equal installments on each of the first three anniversaries of the grant.