Filing Details

Accession Number:
0001127602-12-028415
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-10-09 14:18:28
Reporting Period:
2012-10-05
Filing Date:
2012-10-09
Accepted Time:
2012-10-09 14:18:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1472787 First American Financial Corp FAF Title Insurance (6361) 261911571
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1422759 Michael Christopher Leavell 1 First American Way
Santa Ana CA 92707
Coo Of Subsidiary No Yes 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 Stock Acquisiton 2012-10-05 14,726 $15.09 182,500 No 4 M Direct
Common Stock Acquisiton 2012-10-05 20,209 $15.09 202,709 No 4 M Direct
Common Stock Disposition 2012-10-05 34,935 $22.64 167,774 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2012-10-05 14,726 $0.00 14,726 $15.09
Common Stock Employee Stock Option (Right to Buy) Disposition 2012-10-05 20,209 $0.00 20,209 $15.09
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2005-10-21 2014-10-21 No 4 M Direct
0 2005-10-21 2014-10-21 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,059 Indirect by 401(k) Plan Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (Right to Buy) $19.96 2007-01-13 2016-01-13 13,448 13,448 Direct
Common Stock Employee Stock Option (Right to Buy) $19.96 2007-01-13 2016-01-13 9,842 9,842 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-01-13 13,448 13,448 Direct
2016-01-13 9,842 9,842 Direct
Footnotes
  1. The cashless option exercise reported on this Form 4 is executed pursuant to the reporting person's 10b5-1 trading plan.
  2. Pursuant to a domestic relations order, a portion of the reporting person's shares, options and certain RSUs are held by the reporting person for the benefit of his ex-wife, who will receive either shares or the cash proceeds generated from the sale of applicable shares, after any applicable vesting and/or exercise.
  3. Includes 7,174 unvested Restricted Stock Units ("RSUs") acquired in a pro rata distribution by The First American Corporation ("FAC") on account of an original grant of 13,636 FAC RSUs, of which 8,793 were unvested at the time of the distribution and shares acquired through automatic dividend reinvestment. The vesting schedule of the FAC RSUs, vesting in five equal annual increments commencing 3/4/09, the first anniversary of the grant, has been carried over to the issuer RSUs.
  4. Includes 12,297 unvested RSUs acquired in a pro rata distribution by FAC on account of an original grant of 12,209 FAC RSUs, of which 10,133 were unvested at the time of the distribution and shares acquired through automatic dividend reinvestment. The vesting schedule of the FAC RSUs, vesting in five equal annual increments commencing 3/20/10, the first anniversary of the grant, has been carried over to the issuer RSUs.
  5. Includes 15,301 unvested RSUs acquired in a pro rata distribution by FAC on account of an original grant of 10,464 FAC RSUs, of which 10,527 were unvested at the time of the distribution and shares acquired through automatic dividend reinvestment. The vesting schedule of the FAC RSUs, vesting in five equal annual increments commencing 3/22/11, the first anniversary of the grant, has been carried over to the issuer RSUs.
  6. Includes 17,153 unvested RSUs acquired pursuant to an original grant of 22,274 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 3/21/12, the first anniversary of the grant.
  7. Includes 28,706 unvested RSUs acquired pursuant to an original grant of 28,441 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal increments commencing 2/28/13, the first anniversary of the grant.
  8. Includes 73,726 unvested RSUs acquired pursuant to a grant of performance based RSUs on account of an original grant of 70,921 RSUs and shares acquired through automatic dividend reinvestment, which vest (if the performance criteria have been met) in three equal annual increments commencing on 6/1/13, the third anniversary of the grant, pursuant to the Form of RSU Award Agreement filed as Exhibit 10(i) to the issuer's Quarterly Report on Form 10-Q for the period ended June 30, 2010.
  9. Amount shown consists of shares contributed by issuer as company match, shares purchased for the reporting person's account and shares acquired through automatic reinvestment of dividends paid as reported in most recent account statement in transactions exempt under rules 16a-3(f)(1)(i)(B) and 16b-3(c).
  10. The vesting schedule of the original FAC option, vesting in five equal annual increments commencing 10/21/05, the first anniversary of the grant, has been carried over to the issuer options.
  11. The vesting schedule of the original FAC option, vesting in five equal annual increments commencing 1/13/07, the first anniversary of the grant, has been carried over to the issuer options.