STANCORP FINANCIAL GROUP INC 4
4 · STANCORP FINANCIAL GROUP INC · Filed Jul 24, 2014
Insider Transaction Report
Form 4
Clark Ranjana B
Director
Transactions
- Award
Director Stock Grant
2014-07-22+1,279→ 1,279 totalExercise: $0.00From: 2014-05-08Exp: 2014-05-08→ common stock (1,279 underlying)
Footnotes (2)
- [F1]A Director Stock Grant represents the right to receive a number of shares of common stock determined by dividing $100,000 by the closing market price of the stock on the date of the Annual Meeting of Shareholders. The shares are issued if the director remained a director through the day preceding the next Annual Meeting of Shareholders. For a director appointed between Annual Meetings (like Ms. Clark), the Director Stock Grant is for a prorated dollar amount based on the portion of the year remaining until the next Annual Meeting. The number of shares is based on the closing market price of the stock on the date of the director's appointment to the board.
- [F2]Price not applicable.