PRIMUS GUARANTY LTD 4
4 · PRIMUS GUARANTY LTD · Filed Feb 5, 2007
Insider Transaction Report
Form 4
McLendon Charles
Pres.?Primus Asset Management
Transactions
- Award
Options to Purchase Common Shares
2007-02-01+200,000→ 295,000 totalExercise: $11.75Exp: 2014-02-01→ Common Shares, par value $.08 per share (200,000 underlying) - Award
Restricted Share Units
2007-02-01+18,237→ 94,316 total→ Common Shares, par value $.08 per share (18,237 underlying)
Footnotes (3)
- [F1]Not applicable.
- [F2]These restricted stock units vest ratably on the first three anniversaries of February 1, 2007. Upon vesting, restricted share units convert to the right to receive common shares of Primus Guaranty, Ltd.
- [F3]These options vest ratably on the first four anniversaries of February 1, 2007.