Filing Details

Accession Number:
0001225208-12-007007
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-07 16:13:45
Reporting Period:
2012-03-06
Filing Date:
2012-03-07
Accepted Time:
2012-03-07 16:13:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1129633 Phoenix Companies Inc PNX Life Insurance (6311) 060493340
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1216405 Maynard Ann Gray One American Row
Hartford CT 06102-5056
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Acquisiton 2012-03-06 15,000 $1.99 55,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Restricted Stock Units (Director Retainer) $0.00 67,502 67,502 Direct
Common Stock Option (Right to Buy) $13.98 2003-06-25 15,886 15,886 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
67,502 67,502 Direct
15,886 15,886 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.98 to $2.00, inclusive. The Reporting Person undertakes to provide to The Phoenix Companies, Inc., any security holder of The Phoenix Companies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.
  2. In accordance with the Company's 2003 Restricted Stock, Restricted Stock Unit and Long-Term Incentive Plan as approved by the shareholders, the Reporting Person received the reported Restricted Stock Units ("RSUs") as a portion of the Reporting Person's compensation as a member of the Board of Directors. Each RSU represents the right to receive one share of common stock and the underlying shares of common stock will be issued, without consideration, following the termination of the Reporting Person's service as a member of the Board of Directors.
  3. The options may be exercised until the earlier of: (a) three years after the termination of service on the Board of Directors; or (b) the tenth anniversary of the date the option was granted.