4//SEC Filing
BERKLEY W R CORP 4
Accession 0000011544-12-000025
$WRBCIK 0000011544operating
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 12:11 PM ET
Size
12.7 KB
Accession
0000011544-12-000025
Insider Transaction Report
Form 4
LEDERMAN IRA S
SVP, General Counsel & Sec.
Transactions
- Sale
Common Stock
2012-03-19$35.82/sh−20,660$740,130→ 165,044 total - Exercise/Conversion
Common Stock
2012-03-19$11.39/sh+46,954$534,806→ 189,495 total - Tax Payment
Common Stock
2012-03-19$36.28/sh−3,791$137,537→ 185,704 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-03-19−46,954→ 0 totalExercise: $11.39Exp: 2012-04-03→ Common Stock (46,954 underlying)
Holdings
- 66,702(indirect: By Trust)
Common Stock
- 73,797(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]This stock option grant, dated April 3, 2002, was originally reported as covering 15,000 shares with an exercise price of $57.67 and has been adjusted to reflect the 3-for-2 stock splits of July 2002, August 2003, April 2005 and April 2006.
- [F2]Represents payment of exercise price by delivering such shares incident to the exercise of the stock option grant.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.78 to $35.88, inclusive. The Reporting Person undertakes to provide to W. R. Berkley Corporation, any security holder of W. R. Berkley Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each sepaerate price within the range set forth in this footnote to this Form 4.
- [F4]Includes 128,750 restricted stock units, 78,750 of which have vested (the receipt of which has been deferred), and the balance of which are scheduled to vest as follows: 25,000 on December 17, 2012; and 25,000 on March 2, 2015. Also reflects the distribution of 3,791 shares of common stock from the Ira S. Lederman Living Trust to the Reporting Person since the date of the Reporting Person's last report.
- [F5]Stock option grant vested in four equal installments on April 3, 2005, April 3, 2006, April 3, 2007 and April 3, 2008.
Documents
Issuer
BERKLEY W R CORP
CIK 0000011544
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000011544
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 12:11 PM ET
- Size
- 12.7 KB