Kahlbaugh Richard S 4
4 · Fortegra Financial Corp · Filed Jul 2, 2012
Insider Transaction Report
Form 4
Kahlbaugh Richard S
DirectorChairman, Pres. & CEO
Transactions
- Award
Option, Right to Buy
2012-07-01+30,000→ 80,000 totalExercise: $8.00Exp: 2022-07-01→ Common Stock (30,000 underlying) - Award
Common Stock, par value $0.01 per share
2012-07-01+15,000→ 18,843 total
Footnotes (1)
- [F1]Of these options, which are exempt under Rule 16b-3(d), one-third vest when the Compensation Committe of the Board determines that the Company has achieved annual Adjusted EBITDA of $46,000,000 and the remainder vest ratably on each of the two anniversaries of such determination.