4//SEC Filing
Goldstein Jeremy Fine 4
Accession 0000009346-21-000077
CIK 0000009346other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 5:26 PM ET
Size
5.6 KB
Accession
0000009346-21-000077
Insider Transaction Report
Form 4
Protective Insurance CorpPTVCA/B
Goldstein Jeremy Fine
EVP of Claims
Transactions
- Disposition to Issuer
Class B Common Stock
2021-06-01$23.30/sh−18,769$437,318→ 0 total
Footnotes (2)
- [F1]Includes the following Company RSAs: 12,369 restricted shares that were to vest January 1, 2023 and 6,400 restricted shares that were to vest on July 1, 2023.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of February 14, 2021, by and among Protective Insurance Corporation (the "Company"), The Progressive Corporation ("Progressive") and Carnation Merger Sub Inc., a wholly-owned indirect subsidiary of Progressive, immediately prior to the Effective Time, the restrictions on each of the outstanding time-based restricted stock awards granted under the Company's equity incentive plan (the "Company RSAs") automatically lapsed and each Company RSA was canceled and automatically converted into the right to receive an amount in cash equal to the product of (i) the total number of shares of the Company's Class B Common subject to the Company RSA, multiplied by (ii) an amount in cash, without interest, equal to $23.30, plus any cash dividends or cash dividend equivalents accrued on such Company RSA, less any applicable withholding taxes.
Documents
Issuer
Protective Insurance Corp
CIK 0000009346
Entity typeother
Related Parties
1- filerCIK 0001761471
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 5:26 PM ET
- Size
- 5.6 KB