SEC Form 4 · accession 0001209191-15-017762
GENWORTH FINANCIAL INC · GNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin P Klein
Officer — EVP & Chief Financial Officer
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001276520
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled SARsF1 | $7.99 | Feb 20, 2015 | A | 230,000 | A | — | Feb 20, 2025 | Class A Common Stock | 230,000 | 230,000 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 20, 2015 | A | 70,000 | A | — | — | Class A Common Stock | 70,000 | 70,000 | D |
Explanation of responses
- F1The SARs vest in three equal annual installments beginning on February 20, 2016. The vested and unexercised portion of the SARs, if any, shall be automatically exercised if the closing price of the issuer's common stock equals or exceeds a specified "maximum share value" equal to $75.
- F2Restricted Stock Units settle in Class A Common Stock on a 1:1 basis.
- F3Restricted Stock Units vest and convert to Class A Common Stock in three equal annual installments beginning on February 20, 2016.