-----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, AASC/z+gybnhANATy7ySnM6pBwgoz5BrEYDIwT6rliEnAJTI2DJvpx7wztdAL6FG w62PL2NZekwocXo6QFqS5g== 0001194794-05-000003.txt : 20050216 0001194794-05-000003.hdr.sgml : 20050216 20050216134758 ACCESSION NUMBER: 0001194794-05-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050215 FILED AS OF DATE: 20050216 DATE AS OF CHANGE: 20050216 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: O NEIL FRANK B CENTRAL INDEX KEY: 0001194794 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-18649 FILM NUMBER: 05620202 BUSINESS ADDRESS: STREET 1: 100 BROOKWOOD PLACE STREET 2: SUITE 100 CITY: BIRMINGHAM STATE: AL ZIP: 35209 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2005-02-15 0000865058 NATIONAL SECURITY GROUP INC NSEC 0001194794 O NEIL FRANK B 100 BROOKWOOD PLACE BIRMINGHAM AL 35209 1 0 0 0 Common Stock 598 D Phantom Stock Units 21.26 2005-02-15 4 D 0 282 21.26 A Common Stock 282 282 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. The plan was frozen on 12/31/2004. It is anticipated that a new nonqualified plan will be adopted during 2005 that will not include phantom shares in which the Company absorbed market price fluctuations. Until a new plan is adopted all directors' fees will be paid 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. REMARKS: 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). Frank B. O'Neil 2005-02-16 -----END PRIVACY-ENHANCED MESSAGE-----