-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PTSux8mQHXrP2M0K12b6eyNpcKaqu1cJa1CK9gMEubrQv30z0wEfxeyA8rSPk8PT 9epjtvICRTEbSb5dotNy3A== 0000086104-08-000062.txt : 20080924 0000086104-08-000062.hdr.sgml : 20080924 20080924200956 ACCESSION NUMBER: 0000086104-08-000062 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080922 FILED AS OF DATE: 20080924 DATE AS OF CHANGE: 20080924 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SAFECO CORP CENTRAL INDEX KEY: 0000086104 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 910742146 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1001 FOURTH AVENUE STREET 2: SAFECO PLAZA CITY: SEATTLE STATE: WA ZIP: 98154 BUSINESS PHONE: 2065455000 MAIL ADDRESS: STREET 1: 1001 FOURTH AVENUE CITY: SEATTLE STATE: WA ZIP: 98154 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL AMERICA CORP DATE OF NAME CHANGE: 19680529 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Martinez R Eric CENTRAL INDEX KEY: 0001405418 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06563 FILM NUMBER: 081087448 BUSINESS ADDRESS: BUSINESS PHONE: 206-545-5000 MAIL ADDRESS: STREET 1: SAFECO PLAZA CITY: SEATTLE STATE: WA ZIP: 98185 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2008-09-22 1 0000086104 SAFECO CORP SAF 0001405418 Martinez R Eric SAFECO PLAZA SEATTLE WA 98185 0 1 0 0 Executive Vice President Common Stock 2008-09-22 4 U 0 3663 68.25 D 0 D Employee Stock Option (right to buy) 42.48 2008-09-22 4 D 0 38089 D 2008-09-22 Common Stock 38089 0 D Employee Stock Option (right to buy) 42.48 2008-09-22 4 D 0 2354 D 2008-09-22 Common Stock 2354 0 D Restricted Stock Rights 2008-09-22 4 D 0 20626 D 2008-09-22 Common Stock 20626 0 D Restricted Stock Rights 2008-09-22 4 D 0 11621 D 2008-09-22 Common Stock 11621 0 D Vesting of option accelerated pursuant to a merger agreement between Safeco Corporation and Liberty Mutual. Pursuant to the merger agreement and upon the effective date of the merger referenced above, each outstanding stock option to purchase shares was canceled and converted into the right to receive a cash payment in an amount equal to $68.25 per share, minus the exercise price per share of the option and any applicable tax withholdings. Grant of restricted stock rights ("RSRs") exempt under 16b-3. RSRs represent the right to receive shares equal to the value thereof, provided the Reporting Person remains in the issuer's service until specified vesting dates. RSRs are convertible into common stock on a 1 for 1 basis. Vesting of RSRs accelerated pursuant to the merger agreement referenced above. Pursuant to the merger agreement and upon the effective date of the merger referenced above, the Reporting Person received $68.25 per share for the number of RSRs held, minus any applicable tax withholding. Karri J. Harrington, Attorney-in-Fact for R. Eric Martinez 2008-09-24 -----END PRIVACY-ENHANCED MESSAGE-----