SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SOLSO THEODORE M

(Last) (First) (Middle)
C/O IRWIN FINANCIAL CORPORATION
500 WASHINGTON STREET

(Street)
COLUMBUS IN 47201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IRWIN FINANCIAL CORPORATION [ IFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/02/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/02/2003 M 800 A $13.6875 10,166 D
Common Stock 12/02/2003 M 400 A $28.1875 10,566 D
Common Stock 12/02/2003 M 1,400 A $24.0938 11,966 D
Common Stock 12/02/2003 M 820 A $19.875 12,786 D
Common Stock 12/02/2003 M 2,700 A $16.9688 15,486 D
Common Stock 12/02/2003 M 1,800 A $21.38 17,286 D
Common Stock 12/02/2003 M 1,650 A $15.65 18,936 D
Common Stock 12/02/2003 M 625 A $22.46 19,561 D
Common Stock 12/02/2003 G 6,330(1) A $0 25,891 D
Common Stock 12/02/2003 F 6,330 D $31.05 19,561 D
Common Stock 12/02/2003 G 6,330(1) D $0 21,783 I By Trust(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $13.6875 12/02/2003 M 800 (3) 04/29/2007 Common Stock 800 $0 0 D
Non-Qualified Stock Option (right to buy) $15.65 12/02/2003 M 1,650 (3) 02/13/2012 Common Stock 1,650 $0 1,650 D
Non-Qualified Stock Option (right to buy) $16.9688 12/02/2003 M 2,700 (3) 04/25/2010 Common Stock 2,700 $0 0 D
Non-Qualified Stock Option (right to buy) $19.875 12/02/2003 M 820 (3) 06/30/2009 Common Stock 820 $0 0 D
Non-Qualified Stock Option (right to buy) $21.38 12/02/2003 M 1,800 (3) 04/24/2011 Common Stock 1,800 $0 600 D
Non-Qualified Stock Option (right to buy) $22.46 12/02/2003 M 625 (3) 04/24/2013 Common Stock 625 $0 1,875 D
Non-Qualified Stock Option (right to buy) $24.0938 12/02/2003 M 1,400 (3) 04/28/2009 Common Stock 1,400 $0 0 D
Non-Qualified Stock Option (right to buy) $28.1875 12/02/2003 M 400 (3) 04/20/2008 Common Stock 400 $0 0 D
Explanation of Responses:
1. Represents transfer of shares from spouse to reporting person.
2. These shares are held in a trust for the benefit of the reporting person's spouse. The reporting person and his spouse are trustees of the trust.
3. The Plan provides for phased-in vesting of rights to exercise granted stock options. In the year of the grant, optionee may exercise 25% of total options granted. In each of the three years immediately following the year of the grant optionee may exercise an additional 25% of the options granted. Grant of option was made to reporting person in transaction exempt under Rule 16b-3.
Remarks:
Steven R. Schultz, Attorney-In-Fact for Theodore M. Solso 12/03/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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