Baio Richard Mark 4
4 · BERKLEY W R CORP · Filed Aug 7, 2019
Insider Transaction Report
Form 4
Baio Richard Mark
Vice President - Treasurer
Transactions
- Tax Payment
Common Stock
2019-08-05$68.56/sh−305$20,912→ 51,299 total - Award
Common Stock
2019-08-05+2,816→ 51,604 total
Holdings
- 8,675(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Represents the vesting of a tranche of performance-based restricted stock units ("RSUs") granted in 2016 under the W. R. Berkley Corporation 2018 Stock Incentive Plan (or its predecessor plan) for the three-year performance period ending June 30, 2019.
- [F2]On April 2, 2019, the Company's common stock split on a 3-for-2 basis (the "Stock Split"), resulting in an increase of 16,264 shares of common stock underlying vested RSUs beneficially owned by the reporting person.
- [F3]Represents payment of tax liability by withholding securities incident to the vesting of RSUs.
- [F4]Represents shares of common stock underlying RSUs, 49,469 of which have vested (the receipt of which has been deferred) and the balance of 1,830 vests on August 5, 2020; and does not include unvested shares of common stock underlying performance-based RSUs.
- [F5]Includes an increase of 2,811 shares of common stock beneficially owned resulting from the Stock Split.