SAFECO CORP 4

4 · SAFECO CORP · Filed Feb 20, 2007

Form 4

Period: 2007-02-15

Sr. Vice Pres., Chief Actuary

Transactions

Tax Payment
Common Stock
2007-02-15$68.90/sh−68$4,685→ 10,188 total
Exercise/Conversion
Common Stock
2007-02-15+1,766→ 13,372 total
Tax Payment
Common Stock
2007-02-15$68.90/sh−515$35,484→ 12,857 total
Exercise/Conversion
Common Stock
2007-02-15+256→ 10,256 total
Exercise/Conversion
Common Stock
2007-02-15+1,929→ 12,117 total
Exercise/Conversion
Common Stock
2007-02-15+1,209→ 14,066 total
Exercise/Conversion
Restricted Stock Rights
2007-02-15−1,766→ 3,532 total
From: 2007-02-15Exp: 2007-02-15→ Common Stock (1,766 underlying)
Tax Payment
Common Stock
2007-02-15$68.90/sh−320$22,048→ 13,746 total
Tax Payment
Common Stock
2007-02-15$68.90/sh−511$35,208→ 11,606 total
Exercise/Conversion
Restricted Stock Rights
2007-02-15−1,929→ 1,929 total
From: 2007-02-15Exp: 2007-02-15→ Common Stock (1,929 underlying)
Exercise/Conversion
Restricted Stock Rights
2007-02-15−256→ 0 total
From: 2007-02-15Exp: 2007-02-15→ Common Stock (256 underlying)
Exercise/Conversion
Restricted Stock Rights
2007-02-15−1,209→ 3,627 total
From: 2007-02-15Exp: 2007-02-15→ Common Stock (1,209 underlying)

Holdings

Footnotes (5)

[F1]Received upon conversion of an equal number of Restricted Stock Rights ("RSRs").
[F2]Delivery of shares to issuer exempt under 16b-3 to pay tax withholding liability.
[F3]Based on a plan administrator's report for the Safeco Stock Ownership Fund under the Safeco Corporation 401(k)/Profit Sharing Retirement Plan, dated January 31, 2007. These units may be converted to shares of Safeco stock as follows: The number of units multiplied by the price of the units on the transaction date divided by the closing price of Safeco stock on the transaction date.
[F4]Right to receive shares, provided the reporting person remains in the issuer's service until specified vesting dates.
[F5]RSRs are convertible into common stock on a 1 for 1 basis.

Documents

1 file