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*
ALLEN GREGORY R

(Last) (First) (Middle)
601 CLINTON ST.

(Street)
DEFIANCE OH 43512

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST DEFIANCE FINANCIAL CORP [ FDEF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2008
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 12,308(1) D
Common Stock 4,157(2) I By ESOP
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
Stock Options $17.64 04/21/2008 A 1,000 04/21/2009 04/21/2018 Common Stock 1,000 $0 1,000 D
Stock Options $27.41 04/16/2008 04/16/2017 Common Stock 1,000 1,000 D
Stock Options $26.47 05/22/2007 05/21/2016 Common Stock 2,000 2,000 D
Stock Options $25.89 04/19/2006 04/18/2015 Common Stock 2,000 2,000 D
Stock Options $27.13 04/19/2005 04/20/2014 Common Stock 5,000 5,000 D
Stock Options $19.53 04/21/2004 04/20/2013 Common Stock 5,000 5,000 D
Stock Options $19.56 01/20/2004 01/19/2013 Common Stock 5,000 5,000 D
Stock Options $14 09/17/2002 09/16/2011 Common Stock 16,700 11,700 D
Explanation of Responses:
1. Increase from previously reported balance due to shares acquired by Employee Stock Purchase Plan and Dividend Reinvestment Plan
2. Increases from previously reported balance due to annual ESOP allocation
Remarks:
Note - Options listed above vest at 20% per year. Options with an exercise price of $14.00 fully vest on 9/17/06, options with an exercise price of $19.56 fully vest on 1/20/08, options with an exercise price of $19.53 fully vest on 4/21/08, options with an exercise price of $27.13 fully vest on 4/19/09, options with an exercise price of $25.89 fully vest on 4/19/10, options with an exercise price of $26.47 fully vest on 5/22/11, options with an exercise price of $27.41 fully vest on 4/16/12 and options with an exercise price of $17.64 fully vest on 4/21/13.
/s/ Gregory R. Allen 04/23/2008
** 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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