FIRST ACCEPTANCE CORP /DE/ 4
4 · FIRST ACCEPTANCE CORP /DE/ · Filed May 11, 2017
Insider Transaction Report
Form 4
Russell Kenneth D
Director
Transactions
- Award
Common Stock
2017-05-09+500,000→ 564,000 total - Award
Common Stock
2017-05-09+1,000→ 64,000 total
Footnotes (2)
- [F1]Awarded pursuant to the Amended and Restated 2002 Long Term Incentive Plan for service as a director for fiscal 2017.
- [F2]Represents restricted stock units granted to the reporting person. Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable to the reporting person, upon the third anniversary of the date of grant, May 9, 2020, or immediately upon the earlier occurrence of events specified in the reporting person's restricted stock unit award agreement, including a "change in control" of First Acceptance Corporation.