Metz Gregory S 4
4 · NOVASTAR FINANCIAL INC · Filed Feb 9, 2005
Insider Transaction Report
Form 4
Metz Gregory S
SVP & Chief Financial Officer
Transactions
- Award
Restricted Stock
2005-02-07+900→ 900 totalExercise: $0.00From: 2015-02-07→ NovaStar Financial, Inc. Common Stock (900 underlying) - Award
Stock Option
2005-02-07$42.13/sh+700$29,491→ 1,600 totalExercise: $42.13From: 2006-02-07Exp: 2015-02-07→ NovaStar Financial, Inc. Common Stock (700 underlying) - Award
Performance based restricted stock
2005-02-07+900→ 4,600 totalExercise: $0.00→ NovaStar Financial, Inc. Common Stock (900 underlying)
Footnotes (3)
- [F1]Restricted stock is converted to common stock on the exercisable date. Thus, expiration date is not applicable.
- [F2]These shares represent a performance contingent deferred stock award, no shares of the stock will be issued unless the performance objective is achieved within three years of the transaction date.
- [F3]Restricted stock has voting rights and right to recieve dividends at transaction date, but is subject to forfeiture.