Couch Jonathan C 4
4 · PENN MILLERS HOLDING CORP · Filed May 14, 2010
Insider Transaction Report
Form 4
Couch Jonathan C
VP OF FINANCE & CONTROLLER
Transactions
- Award
Common stock
2010-05-12+1,686→ 4,805 total - Award
Option to purchase common stock
2010-05-12+4,831→ 4,831 totalExercise: $14.83From: 2011-05-12Exp: 2017-05-12→ Common stock (4,831 underlying)
Footnotes (3)
- [F1]The restricted common shares awarded will vest over a period of six years: 25% on May 12, 2011 and 15% on May 12 of each of the 5 years thereafter
- [F2]Twenty percent (20%) of the options become exercisable each May 12, starting May 12, 2011
- [F3]Shares beneficially owned include 119 unvested shares allocated under ESOP