FORNAROLA ANDREW 4
4 · FIRST NIAGARA FINANCIAL GROUP INC · Filed Apr 25, 2013
Insider Transaction Report
Form 4
FORNAROLA ANDREW
EVP, Consumer Finance
Transactions
- Award
Common Stock
2013-04-24+12,793→ 42,500 total
Holdings
- 26,267
Non-qualified Stock Option (Right to Buy)
Exercise: $8.86From: 2014-03-28Exp: 2023-03-28→ Common Stock (26,267 underlying) - 13,675(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Restricted stock that cliff vests on the third anniversary of the date of grant. The restricted stock unit grants were provided in recognition of the current and future value that the individual brings to First Niagara and to encourage his continued employment once a new CEO has been appointed.