SEC Form 4 · accession 0001246360-16-004996

STANCORP FINANCIAL GROUP INC · SFG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Scott A. Hibbs

Officer — VP Chief Investment Officer

Period of report

Mar 7, 2016

Accepted (ET)

Mar 9, 2016 · 6:42 pm EST

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	Mar 7, 2016	U	33,132	$115.00	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Shares 02102014^F1	$0.00	Mar 7, 2016	A	2,241	A	Dec 31, 2016	Dec 31, 2016	common stock	2,241	2,241	D
Performance Shares 02232015^F1	$0.00	Mar 7, 2016	A	1,791	A	Dec 31, 2017	Dec 31, 2017	common stock	1,791	1,791	D
Restricted Stock Unit 021014^F1	$0.00	Mar 7, 2016	U	2,126	D	Dec 31, 2016	Dec 31, 2016	common stock	2,126	0	D
Restricted Stock Unit 02232015^F1	$0.00	Mar 7, 2016	U	2,273	D	Dec 31, 2017	Dec 31, 2017	common stock	2,273	0	D
Stock Option RTB 01022008^F2	$49.75	Mar 7, 2016	U	2,200	D	Jan 2, 2009	Jan 2, 2018	common stock	2,200	0	D
Stock Option RTB 01022009^F2	$41.36	Mar 7, 2016	U	22,010	D	Dec 31, 2009	Jan 2, 2019	common stock	22,010	0	D
Stock Option RTB 01032007^F2	$45.49	Mar 7, 2016	U	2,600	D	Jan 3, 2008	Jan 3, 2017	common stock	2,600	0	D
Stock Option RTB 01042010^F2	$41.47	Mar 7, 2016	U	15,236	D	Dec 31, 2010	Jan 4, 2020	common stock	15,236	0	D
Stock Option RTB 02102014^F2	$63.51	Mar 7, 2016	U	8,410	D	Dec 31, 2014	Feb 10, 2024	common stock	8,410	0	D
Stock Option RTB 02112013^F2	$38.56	Mar 7, 2016	U	13,769	D	Dec 31, 2013	Feb 11, 2023	common stock	13,769	0	D
Stock Option RTB 02132012^F2	$39.58	Mar 7, 2016	U	14,678	D	Dec 31, 2012	Feb 13, 2022	common stock	14,678	0	D
Stock Option RTB 02142011^F2	$45.85	Mar 7, 2016	U	10,812	D	Dec 31, 2011	Feb 14, 2021	common stock	10,812	0	D
Stock Option RTB 02232015^F2	$66.19	Mar 7, 2016	U	7,061	D	Dec 31, 2015	Feb 23, 2025	common stock	7,061	0	D
Performance Shares 02102014^F1	$0.00	Mar 7, 2016	U	2,241	D	Dec 31, 2016	Dec 31, 2016	common stock	2,241	0	D
Performance Shares 02232015^F1	$0.00	Mar 7, 2016	U	1,791	D	Dec 31, 2017	Dec 31, 2017	common stock	1,791	0	D

Explanation of responses

F1Each Restricted Stock Unit and Performance Share represented a contingent right to receive one share of SFG stock upon vesting. All Restricted Stock Units and Performance Shares were canceled in the merger of the issuer and a subsidiary of Meiji Yasuda Life Insurance Company (the "Merger") for a cash payment equal to the Merger consideration of $115 per share.
F2Each option, which provided for vesting in four equal annual installments beginning on the date set forth in the Date Exercisable column, was canceled in the Merger in exchange for the cash payment per share indicated in column 8, which represents the difference between the exercise price of the option and the Merger consideration of $115 per share.