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Unum Group — Director's Dealing 2011
Mar 1, 2011
30521_dirs_2011-02-28_0efd2119-ffe0-46d0-bf77-5e1d6194cb88.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Unum Group (UNM)
CIK: 0000005513
Period of Report: 2011-02-24
Reporting Person: WATJEN THOMAS R (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-24 | Common Stock | F | 33929.0 | $26.23 | Disposed | 937191.0 | Direct |
| 2011-02-25 | Common Stock | F | 11906.0 | $26.6 | Disposed | 925285.0 | Direct |
| 2011-02-25 | Common Stock | M | 34014.414 | — | Acquired | 959299.0 | Direct |
| 2011-02-25 | Common Stock | D | 34014.414 | $26.6 | Disposed | 925285.0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-25 | Restricted Stock Units | $ | M | 34014.414 | Disposed | Common Stock (34014.414) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12711.0457 | Indirect |
Footnotes
F1: Shares withheld to satisfy tax withholding obligation applicable to the vesting of 96,938.401 stock-settled RSUs (as defined in footnote (2) below).
F2: Includes 281,761 restricted stock units, which may be settled, on a 1-for-1 basis, only in shares of common stock ("stock-settled RSUs"), and 655,430 shares of common stock
F3: Shares withheld to satisfy tax withholding obligation applicable to the vesting of 34,014.414 stock-settled RSUs.
F4: Includes 247,746 stock-settled RSUs and 677,539 shares of common stock.
F5: On February 25, 2010, the reporting person received restricted stock units, which vest in three equal annual installments beginning on February 25, 2011 and which may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of common stock of the issuer. In accordance with the terms of the grant agreement, the portion of the cash-settled RSUs vesting on February 25, 2011, including a total of 533.414 dividend equivalent rights accrued thereon, were settled for cash.
F6: Includes 247,746 stock-settled RSUs and 711,553 shares of common stock.
F7: Includes 247,746 stock-settled RSUs and 677,539 shares of common stock.
F8: Beneficial ownership amount accounts for the exempt acquisitions of a total of 1,600.276 dividend equivalent rights on the cash-settled RSUs pursuant to the reinvestment of dividends after the grant date. The rights acrrued when and as dividends were paid on shares underlying the cash-settled RSUs and became vested proportionately with and subject to settlement upon the same terms as the cash-settled RSUs to which they related. Each dividend equivalent right is the economic equivalent of one share of common stock of the issuer.