4//SEC Filing
NICKOLL JOHN F 4
Accession 0001209191-11-001400
CIK 0000038984other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 8:33 PM ET
Size
6.3 KB
Accession
0001209191-11-001400
Insider Transaction Report
Form 4
SIGNATURE GROUP HOLDINGS INCSGGH.PK
NICKOLL JOHN F
Director
Transactions
- Award
Common Stock
2011-01-03$0.73/sh+102,739$74,999→ 147,920 total
Holdings
- 625,000(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]On October 27, 2010, the Board of Directors of Signature Group Holdings, Inc. approved a compensation package for each of it's independent (non-management) Directors which includes annual compensation of $75,000 of restricted stock. The restricted stock shall vest at the end of each year of the grant, subject to immediate vesting in the event of a change of control. On January 3, 2011 restricted shares were issued in the amount of $75,000 to each independent Director for their director services for 2011. The number of shares was based on the closing price at December 31, 2010, which was .73. Accordingly, 102,739 restricted shares were issued to Mr. Nickoll on January 3, 2011 ($75,000/.73) and are scheduled to vest on December 31, 2011.
Documents
Issuer
SIGNATURE GROUP HOLDINGS INC
CIK 0000038984
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0000903296
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 8:33 PM ET
- Size
- 6.3 KB