AMTRUST FINANCIAL SERVICES, INC. - Corporate Solutions

Table of Contents
Outstanding Equity Awards at Fiscal Year-End
Name
The following table sets forth the outstanding equity awards for each of our named executive officers as of December 31, 2012:
Barry D. Zyskind
Number of
Securities
Underlying
Unexercised
Options (#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options (#)
Unexercisable
Option Awards
Option
Exercise
Price
($/Sh)
Option
Expiration
Date
Number of
shares or
units of stock
Market value
— — $ — — 275,000 $ 7,889,750
Stock Awards
Equity
Incentive
Plan
Awards:
Number of
shares or
units of stock
Equity
Incentive
Plan
Awards:
Market value
of shares or
units or stock
that have not
of shares or
that have not that have not units of stock
vested
(#) (2)
vested
($) (3) vested
that have not
vested (3)
275,000
$ 7,889,750
Ronald E. Pipoly, Jr. 206,525 — 6.36 2/9/2016 39,432 1,131,304 — —
55,001 — 13.23 10/24/2017
55,001 — 12.70 8/25/2018
Max G. Caviet 55,001 — 6.82 9/1/2016 43,764 1,255,582 — —
55,001 — 13.23 10/24/2017
55,001 — 12.70 8/25/2018
Michael J. Saxon 190,812 — 6.36 2/9/2016 45,406 1,302,684 — —
55,001 — 13.23 10/24/2017
55,001 — 12.70 8/25/2018
Christopher M. Longo 378,125 — 6.36 2/9/2016 37,994 1,090,034 — —
55,001 — 13.23 10/24/2017
48,126 6,874 10.36 6/30/2019
(1 )
(1) Granted on June 30, 2009 under the 2005 Equity Incentive Plan. Twenty-five percent (25%) of the option vested on June 30, 2010.
Thereafter, an additional 6.25% of the option will vest each quarter, until the option is 100% vested on June 30, 2013.
(4 )
(2)
Grantee
Name
Grant Date
Number of Unvested
Shares/Units
Vesting Schedule
R. Pipoly March 22, 2010 3,437 6.25% per quarter until fully vested on 3/22/14
M. Caviet March 22, 2010 5,155 6.25% per quarter until fully vested on 3/22/14
M. Saxon March 22, 2010 5,155 6.25% per quarter until fully vested on 3/22/14
C. Longo March 22, 2010 3,437 6.25% per quarter until fully vested on 3/22/14
R. Pipoly February 15, 2011 15,807 25% per year until fully vested on 2/15/15
M. Caviet February 15, 2011 15,187 25% per year until fully vested on 2/15/15
M. Saxon February 15, 2011 17,243 25% per year until fully vested on 2/15/15
C. Longo February 15, 2011 14,369 25% per year until fully vested on 2/15/15
R. Pipoly February 15, 2012 20,188 25% per year until fully vested on 2/15/16
M. Caviet February 15, 2012 23,422 25% per year until fully vested on 2/15/16
M. Saxon February 15, 2012 23,008 25% per year until fully vested on 2/15/16
C. Longo February 15, 2012 20,188 25% per year until fully vested on 2/15/16
B. Zyskind February 15, 2012 275,000 25% per year until fully vested on 2/15/16
(3) The value of restricted stock and restricted stock units that have not vested is calculated by multiplying the number of the non-vested
shares and units by $28.69, the closing market price of our common stock at December 31, 2012.
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