0001140361-13-007342.txt : 20130214 0001140361-13-007342.hdr.sgml : 20130214 20130214161228 ACCESSION NUMBER: 0001140361-13-007342 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: O NEIL FRANK B CENTRAL INDEX KEY: 0001194794 FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 000-18649 FILM NUMBER: 13613910 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL SECURITY GROUP INC CENTRAL INDEX KEY: 0000865058 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 631020300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 661 E DAVIS ST CITY: ELBA STATE: AL ZIP: 36323 BUSINESS PHONE: 2058972273 5 1 doc1.xml FORM 5 X0306 5 2012-12-31 0 0 1 0000865058 NATIONAL SECURITY GROUP INC NSEC 0001194794 O NEIL FRANK B 2704 STONEHAVEN PLACE BIRMINGHAM AL 35242 1 0 0 0 Phantom Stock Units 9.10 2012-02-29 5 J 0 2 9.10 A Phantom Stock Units 2 144 D Phantom Stock Units 9.10 2012-02-29 4 J 0 L 144 9.10 D Phantom Stock Units 144 0 D The phantom stock units were awarded under the nonqualified deferred compensation plan in which directors could elect to defer their directors' fees by receiving phantom stock units payable in cash upon separation from service from the board. These shares were acquired during the fiscal year pursuant to the dividend reinvestment component of the nonqualified deferred compensation plan which was frozen 12/31/2004. The phantom stock units were awarded under the nonqualified deferred compensation plan in which directors could elect to defer their directors' fees by receiving phantom stock units payable in cash upon separation from service from the board. The plan was frozen on 12/31/2004. These shares were disposed of and distributed in cash. Upon separation from service from the Board, phantom stock units will be settled in cash at the then current market price of common stock. Pertains to phantom stock plan in which election to defer fees is not a reportable event under Section 16, however acquisitions of phantom stock pursuant to the election are reportable. These deferrals are exempt transactions for purposes of Section 16b-3(d). On December 19, 2012, the total remaining balance of each participants shares, which became payable February 29, 2012, were distributed in cash. Brian R. McLeod, Attorney-in-fact 2013-02-14