SEC Form 4 · accession 0001246360-15-002123
STANCORP FINANCIAL GROUP INC · SFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ranjana B Clark
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 5:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001079577
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | May 8, 2015 | M | 1,279 | $0.00 | A | 1,279 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock GrantF1 | $0.00 | May 8, 2015 | M | 1,279 | D | May 8, 2015 | May 8, 2015 | common stock | 1,279 | 0 | D |
| Director Stock Grant 5/11/15F2 | $0.00 | May 11, 2015 | A | 1,354 | A | May 6, 2016 | May 6, 2016 | common stock | 1,354 | 1,354 | D |
Explanation of responses
- F1The Director Stock Grant represents the right to receive a number of shares of common stock determined by dividing $100,000 by the closing market price on the date of the Annual Meeting of Shareholders. The shares are issued on the business day preceding the next Annual Meeting of Shareholders. For a Director appointed between Annual Meetings (like Ms. Clark), the Director Stock Grant is for a prorated dollar amount based on the portion of the year remaining until the next Annual Meeting, and with the determination of the number of shares based on the closing market price of the stock on the date of the Director's appointment to the Board.
- F2The Director Stock Grant represents the right to receive a number of shares of common stock determined by dividing $100,000 by the closing market price on the date of the Annual Meeting of Shareholders. The shares are issued on the business day preceding the next Annual Meeting of Shareholders.