Filing Details
- Accession Number:
- 0001127602-14-005119
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-07 16:03:29
- Reporting Period:
- 2014-02-05
- Filing Date:
- 2014-02-07
- Accepted Time:
- 2014-02-07 16:03:29
- 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 |
---|---|---|---|---|---|---|---|
1017357 | S Parker Kennedy | 1 First American Way Santa Ana CA 92707 | Yes | No | 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 | 2013-12-11 | 322 | $0.00 | 465,907 | No | 5 | G | Indirect | By Limited Partnership |
Common Stock | Acquisiton | 2013-12-11 | 322 | $0.00 | 57,719 | No | 5 | G | Indirect | By Spouse Via Limited Partnership |
Common Stock | Disposition | 2013-12-11 | 1,932 | $0.00 | 463,975 | No | 5 | G | Indirect | By Limited Partnership |
Common Stock | Acquisiton | 2014-02-05 | 93,162 | $13.13 | 250,176 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-02-05 | 93,162 | $24.98 | 157,014 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Indirect | By Limited Partnership |
No | 5 | G | Indirect | By Spouse Via Limited Partnership |
No | 5 | G | Indirect | By Limited Partnership |
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 | 2014-02-05 | 93,162 | $0.00 | 93,162 | $13.13 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2005-02-26 | 2014-02-26 | No | 4 | M | Direct |
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) | $15.70 | 2006-02-28 | 2015-02-28 | 93,162 | 93,162 | Direct |
Common Stock | Employee Stock Option (Right to Buy) | $20.40 | 2006-12-08 | 2015-12-08 | 93,163 | 93,163 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2015-02-28 | 93,162 | 93,162 | Direct |
2015-12-08 | 93,163 | 93,163 | Direct |
Footnotes
- Represents gifts of limited partnership interests.
- The cashless option exercise and sales reported on this Form 4 were executed pursuant to the reporting person's 10b5-1 trading plan described in The First American Corporation's ("FAC") Current Report on Form 8-K filed with the Securities and Exchange Commission on September 10, 2007. The trading plan provides that each option held by the reporting person that is in-the-money after commissions will be exercised automatically on a cashless basis between and including the fifteenth and the first trading day preceding expiration. The options that are the subject of this Form 4 would have expired on 02/26/2014.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.90 to $25.10, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- Includes 33,810 unvested Resticted Stock Units ("RSUs") acquired in a pro rata distribution by The First American Corporation ("FAC") on June 1, 2010 on account of an original grant of 67,444 FAC RSUs, and shares acquired through automatic dividend reinvestment, of which 67,850 were unvested at the time of the distribution, half of which were converted into issuer RSUs. The vesting schedule of the FAC RSUs, vesting in five equal annual increments commencing 3/3/11, the first anniversary of the grant, has been carried over to the issuer RSUs.
- Includes 8,856 unvested RSUs acquired pursuant to an original grant of 16,761 RSUs, and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 3/3/12, the first anniversary of the grant.
- Includes 5,681 unvested RSUs acquired pursuant to an original grant of 10,732 RSUs, and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 3/31/12, the first anniversary of the grant.
- Includes 2,839 unvested RSUs, acquired pursuant to an original grant of 4,102 RSUs, and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 3/20/13, the first anniversary of the grant.
- Includes 2,609 unvested RSUs, acquired pursuant to an original grant of 2,571 RSUs, and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 3/20/2014, the first anniversary of the grant.
- The vesting schedule of the original FAC option, vesting in five equal annual increments commencing 02/26/05, the first anniversary of the grant, has been carried over to the issuer options.
- The vesting schedule of the original FAC option, vesting in five equal annual increments commencing 02/28/06, the first anniversary of the grant, has been carried over to the issuer options.
- The vesting schedule of the original FAC option, vesting in five equal annual increments commencing 12/08/06, the first anniversary of the grant, has been carried over to the issuer options.