Wilhelm Mark Andrew 4
4 · DELPHI FINANCIAL GROUP INC/DE · Filed Mar 11, 2011
Insider Transaction Report
Form 4
Wilhelm Mark Andrew
Other
Transactions
- Award
Options to purchase Class A Common Stock
2011-03-09+135,000→ 135,000 totalExercise: $29.14From: 2011-03-09Exp: 2018-02-15→ Class A Common Stock (135,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Stock Option Award Agreement dated February 21, 2008, as amended, the reporting person was granted performance-contingent incentive options to purchase 225,000 shares of the issuer's Class A Common Stock. Pursuant to the terms thereof, sixty percent of such options became exercisable on March 9, 2011, based on the attainment of a specified cumulative performance target for the three-year period ended December 31, 2010. The remainder of the options will become exercisable in the future if and to the extent that a specified cumulative performance target for the five-year period ending on December 31, 2012 is satisfied.
- [F2]Not applicable.