4//SEC Filing
LaGrasse John V 4
Accession 0001225208-11-005968
CIK 0001129633other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:11 PM ET
Size
19.2 KB
Accession
0001225208-11-005968
Insider Transaction Report
Form 4
LaGrasse John V
EVP, Alt Retirement Solutions
Transactions
- Exercise/Conversion
Restricted Stock Units (021308)
2011-02-11−14,113.181→ 0 total→ Common (14,113.181 underlying) - Exercise/Conversion
Common
2011-02-11+14,113.181→ 32,829.384 total - Tax Payment
Common
2011-02-11−5,244→ 27,585.384 total
Holdings
- 5,383.974(indirect: By 401(k))
Common
- 28,988
Stock Option (Right to Buy)
Exercise: $12.54Exp: 2017-02-08→ Common (28,988 underlying) - 29,121.553
Restricted Stock Units (030508)
→ Common (29,121.553 underlying) - 10,259
Stock Option (Right to Buy)
Exercise: $2.84Exp: 2020-03-08→ Common (10,259 underlying) - 984.6
Restricted Stock Units
→ Common (984.6 underlying) - 35,283
Stock Option (Right to Buy)
Exercise: $9.84Exp: 2018-02-13→ Common (35,283 underlying) - 23,191
Stock Option (Right to Buy)
Exercise: $9.53Exp: 2014-11-17→ Common (23,191 underlying)
Footnotes (7)
- [F1]Includes 6160 shares transferred from Reporting Person's 401(k) account to an individual retirement account.
- [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]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]Pursuant to the terms of Mr. LaGrasse's employment, he received 29,121.553 restricted stock units ("RSUs"), each representing one share of stock. The RSUs vest on the earlier of (a) March 5, 2011 or (b) a change in control and a termination of Mr. LaGrasse's employment other than for cause. In the event the RSUs vest, the underlying shares of common stock will become deliverable, without consideration, on March 5, 2011. Thereafter, the terms of Mr. LaGrasse'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. This award does not include certain other RSUs that Mr. LaGrasse has the opportunity to earn in connection with his employment upon the achievement of performance criteria unrelated to the price of the underlying securities. Such units are not "derivative securities" under Rule 16a-1(c). See Equifax, Inc. (January 5, 1993).
- [F6]The options vested in approximately three equal installments on each of the first three anniversaries of the grant.
- [F7]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 0001308209
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:11 PM ET
- Size
- 19.2 KB