JANUS CAPITAL GROUP INC 4
4 · JANUS CAPITAL GROUP INC · Filed Feb 8, 2005
Insider Transaction Report
Form 4
BLACK GARY D
DirectorCEO
Transactions
- Award
Common Stock
2005-02-04+46,324→ 307,787 total - Award
Stock Options (Right to Buy) and LSAR
2005-02-04+122,312→ 122,312 totalExercise: $14.39Exp: 2015-02-03→ Common Stock (122,312 underlying)
Holdings
- 1,125,176
Stock Options (Right to Buy) and LSAR
Exercise: $15.48Exp: 2014-04-25→ Common Stock (1,125,176 underlying)
Footnotes (3)
- [F1]Subject to compliance with Section 409A of the Internal Revenue Code, Limited Stock Appreciation Rights ("LSARs") are granted in tandem with stock options. LSARs are automatically exercised (in lieu of related options) upon a change-of-control of the issuer which has not been approved by certain members of the issuer's board of directors and result in the receipt of only cash by the option holder. LSARs terminate when the related options are exercised or terminated.
- [F2]The option vests annually in four approximately equal installments (within one share) beginning on February 1, 2006.
- [F3]In accordance with Section 162(m) requirements, the option shall vest annually in three installments beginning in January 2005 subject to certain performance criteria being met; the first two vesting events will be 375,059 per vesting event, and the last vesting event will be 375,058.