LaGrasse John V 4
4 · PHOENIX COMPANIES INC/DE · Filed May 11, 2012
Insider Transaction Report
Form 4
LaGrasse John V
EVP, Alt Retirement Solutions
Transactions
- Purchase
Common
2012-05-10$1.84/sh+36,800$67,697→ 122,728.937 total
Holdings
- 58,839.24
Restricted Stock Unit (2010)
Exercise: $0.00→ Common (58,839.24 underlying) - 10,259
Stock Option (Right to Buy)
Exercise: $2.84Exp: 2020-03-08→ Common (10,259 underlying) - 23,191
Stock Option (Right to Buy)
Exercise: $9.53Exp: 2014-11-17→ Common (23,191 underlying) - 3,084.603(indirect: By 401(k))
Common
- 984.6
Restricted Stock Units
→ Common (984.6 underlying) - 28,988
Stock Option (Right to Buy)
Exercise: $12.54Exp: 2017-02-08→ Common (28,988 underlying) - 35,283
Stock Option (Right to Buy)
Exercise: $9.84Exp: 2018-02-13→ Common (35,283 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.78 to $1.87, inclusive. The Reporting Person undertakes to provide to The Phoenix Companies, Inc., any security holder of The Phoenix Companies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.
- [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 the Reporting Person's 2010 long-term incentive award, and each RSU represents one share of stock. The RSUs vest on the earlier of (a) March 8, 2013 or (b) a change of control.
- [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.